On July 10, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on July 10, Goldman Sachs (The Goldman Sachs Group, Inc.) increased its shareholding on July 4 at an average price of HKD 59.7399 per share.$ANJOY FOOD (02648.HK)$3.2853 million shares of H-shares, worth approximately HKD 0.196 billion. After the increase in shareholding, Goldman Sachs’ latest holding is 9.4595 million shares, with the good position ratio rising from 15.00% to 23.65%.
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 shares) must disclose their shareholding interests in the listed company. The Directors and senior executives of the listed company must disclose their share and bond interests in the listed company and any 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.