The French financial market regulator announced on the 25 day that it would investigate the luxury group maker Louis Weedon group's 14.2% stake in the Hermes group to confirm whether the paction complied with the rules governing financial pactions.

French chairman of small shareholder rights and interests Association, klaette Nair, accused Louis Weedon group of buying Hermes group shares through intermediaries, and using stock trading skills to circumvent the relevant provisions.

The Louis Weedon group insisted that "strictly abide by the relevant provisions of the financial market pactions".

Louis Weedon group issued a press communique on 23 th, saying that

Some analysts pointed out that from the information disclosed by Louis Weedon group, the group may have begun to hold shares several years ago, but it has never been disclosed to the outside world.

According to the existing French financial paction rules, each paction involving a 5% stake in a listed company must be informed to the French financial market authority on the fourth day after the start of negotiations, and to disclose information to the market.

Louis Weedon is the world's largest luxury group, with more than 50 internationally renowned luxury brands. In the first half of this year, Louis Weedon realized sales of 9 billion 99 million euros, up 16% over the same period last year, and net profit of 1 billion 100 million euros, up 53% over the same period last year.