On January 2, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on January 2, Liu Xiaoke increased his Shareholding at an average price of HKD 1.06 per share on April 10, 2024.$INFINITIES TECH (01961.HK)$1.892 million shares of common stock, valued at approximately HKD 2.0055 million. After the Shareholding increase, Liu Xiaoke's latest number of shares held is 0.348 billion shares, with the good warehouse percentage rising from 54.19% to 54.48%.
This Trade involves Other related parties: An Fenghua, Infinities Technology (Cayman) Holding Limited, Infinities Technology (Cayman) Holding Limited, Infinities B&M Technology Limited, Infinities Global Technology Limited Partnership, Infinities Worldwide Limited, and Wang Le.
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.
