September 14 reported that according to documents disclosed by the Hong Kong Stock Exchange on September 14, Liu Beibei increased his holdings over the counter at an average price of HK $0.84 per share on September 12.$RISECOMM GP (01679.HK)$9.3444 million common shares worth about HK $7.8493 million. After the increase, Liu Beibei's latest number of shares is 33.7721 million shares, and the proportion of long positions has increased from 9.55% to 13.21%.
Why do actors increase their shareholdings, but their shareholding ratio decreases?
This may be due to the share allotment and additional issuance of shares by listed companies, resulting in dilution of the proportion of shares held by the actors.
What is equity disclosure?
According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more shares) are required to disclose their interests in shares of listed companies. The directors and chief executives of a listed company shall disclose their interests in shares and debentures of the listed company and the company associated with the listed company.
Why is equity disclosure important?
Equity disclosure enables investors to identify (1) those who control or have the ability to control the shares of listed companies, and (2) those who may benefit from transactions involving associated entities of listed companies.