On January 3, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on January 3, Morgan Stanley increased its Shareholding at an average price of $11.8715 per share on December 30, 2024.$XPENG-W (09868.HK)$It acquired 3.6732 million shares of Other stock, valued at approximately $43.6064 million. After the increase, Morgan Stanley's total Shareholding is now 80.5729 million shares, with the good warehouse ratio rising from 4.95% to 5.19%.
Supplemental information: The disclosure filing is in relation to interest in the issuer's Class A shares.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.