On March 18, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on March 18, Ping An Insurance Company Limited increased its shareholding on March 13 at an average price of HKD 4.9284 per share.$ABC (01288.HK)$It acquired 55.137 million H shares, with a value of approximately HKD 0.272 billion. After the increase, the latest number of shares held by Ping An Insurance Company Limited is 2.463 billion shares, and the stake ratio increased from 7.83% to 8.01%.
What is equity disclosure?
According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more) must disclose their shareholding interests in listed companies. Directors and senior executives of the listed companies must disclose their share and bond interests in the listed company and its associated companies.
Why is equity disclosure important?
Disclosure of equity can help investors identify (1) individuals who control or have the ability to control the equity interests of the listed company, and (2) individuals who may benefit from transactions involving related entities of the listed company.
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