On November 25, it was reported that according to the documents disclosed by the Hong Kong Stock Exchange on November 25, Capital Research Global Investors increased its shareholding on November 21 at an average price of 31.2457 Hong Kong dollars per share.$POLY PPT SER (06049.HK)$It acquired 0.2072 million shares listed in hong kong, valued at approximately 6.4741 million Hong Kong dollars. After the increase, Capital Research Global Investors' latest shareholding number is 9.3592 million shares, and the proportion of good shares increased from 5.97% to 6.10%.
What is equity disclosure?
According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the company's shares) must disclose their shareholding in the listed company. Directors and senior executives of the listed company must disclose their shareholding and equity certificate rights in the listed company and any related companies.
Why is equity disclosure important?
Equity disclosure enables investors to identify (1) individuals who control or have the ability to control the shareholding of the listed company and (2) individuals who may benefit from transactions involving entities related to the listed company.