On June 9, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on June 9, Hua Li just increased his shareholding on June 6 at an average price of HKD 23.1 per share.$HAIER SMARTHOME (06690.HK)$He purchased 0.1394 million H shares, worth approximately HKD 3.2201 million. After the increase, Hua Li's latest number of shares held is 1.9857 million, with the good warehouse ratio rising from 0.06% to 0.07%.
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.
