On April 9, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on April 9, Zhu Pai increased his holdings at an average price of HK$6.822 per share on January 26$3D MEDICINES (01244.HK)$13,000 common shares worth approximately HK$88,700. After the increase in holdings, Zhu Pai's latest shareholding was 13.7604 million shares, and the good position ratio increased from 5.32% to 5.33%.
Additional Information: For Box 30 and Box 31, Shenzhen Efung Holding Co., Ltd. is owned as 54% and 23% by Mr. Zhu Jinqiao and Mr. Zhu Pai proposed. Mr. Zhu Jinqiao and Mr. Zhu Pai act in concert in relation to the voting rights in Shenzhen Efung Holding Co., LtdWhat is disclosure of interests?
As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their share interests in listed companies. The directors and top executives of a listed company must disclose their interest in shares and debentures of the listed company and the company linked to the listed company.
Why is disclosure of interests important?
Disclosure of interests allows investors to identify (1) persons who control or are capable of controlling the stock interests of listed companies, and (2) persons who may benefit from transactions involving linked entities of listed companies.