On January 2, it was reported that according to the documents disclosed by the Hong Kong Stock Exchange on January 2, Infinities Global Technology Limited Partnership increased its shareholding at an average price of HKD 0.56 per share on October 25, 2024.$INFINITIES TECH (01961.HK)$6.863 million ordinary shares were valued at approximately HKD 3.8433 million. After the increase, Infinities Global Technology Limited Partnership's latest shareholding was 0.354 billion shares, and the good warehouse ratio rose from 47.34% to 48.27%.
This Trade involves Other related parties: Liu Xiaoke, Wang Le, An Fenghua, Infinities Worldwide Limited, and Infinities B&M Technology Limited.
What is equity disclosure?
According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) must disclose their shareholding interests in listed companies. The Directors and senior executives of listed companies must disclose their share and debenture interests in both the listed company and its affiliated companies.
Why is equity disclosure important?
Equity disclosure enables investors to identify (1) individuals who control or have the ability to control the shareholding of the listed company and (2) individuals who may benefit from transactions involving entities related to the listed company.