On January 3, it was reported that according to the documents disclosed by the Hong Kong Stock Exchange on January 3, JS GLOBAL LIFE increased its Shareholding in the over-the-counter market at an average price of HKD 1.65 per share on December 30, 2024.$JS GLOBAL LIFE (01691.HK)$30 million ordinary shares were acquired, valued at approximately HKD 49.5 million. After the Shareholding increase, JS GLOBAL LIFE's latest shareholding number is 1.634 billion shares, with the good warehouse ratio rising from 46.15% to 47.02%.
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.