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 on-market average price of HKD 56.0865 per share and an off-market average price of HKD 56.005 per share in total.$WUXI APPTEC (02359.HK)$The increase amounted to 1.3325 million H shares, valued at approximately HKD 74.7363 million. After the increase, JPMorgan's latest number of shares held is 39.7164 million shares, and the proportion of good holdings rose from 9.91% to 10.26%.
Why did the shareholder increase their holdings, but the shareholding ratio decreased?
This may be because the listed company conducted a share placement and increase in share capital, resulting in the dilution of the active party's shareholding proportion.
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.