On January 6, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on January 6, JPMorgan (JPMORGANCHASECO) increased its shareholding on December 31, 2024, with an average on-market price of HKD 59.3289 per share and an average off-market price of HKD 59.3566 per share in total.$ANGELALIGN (06699.HK)$It acquired 0.0486 million ordinary shares, valued at approximately HKD 2.8852 million. After the increase, JPMorgan's latest number of shares held is 20.4112 million shares, and the good warehouse ratio rose from 11.97% to 12.00%.
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.