On May 12, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 12, E Fund Management Co., Ltd. increased its Shareholding on May 8 at an average price of HKD 27.2934 per share.$TIGERMED (03347.HK)$0.1635 million shares of H shares were valued at approximately HKD 4.4625 million. After the Shareholding increase, E Fund Management Co., Ltd.'s latest Shareholder count is 9.9269 million shares, and the good warehouse ratio increased from 7.93% to 8.06%.
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?
Equity disclosure allows investors to identify (1) individuals who control or have the ability to control the shares of a company listed in Hong Kong, and (2) individuals who may benefit from transactions involving related entities of the listed company.
