Chongqing Hongjiu Fruit (HKG:6689) chairman and controlling shareholder Deng Hongjiu pledged 3,960,000 domestic shares as collateral to China Zheshang Bank (HKG:2016, SHA:601916) Chongqing branch for a 29.5 million yuan loan, according to a Thursday filing with the Hong Kong Stock Exchange.
The pledged shares represent 11.26% of the total shares of the fruit company, the filing said.
Price (HKD): $1.74, Change: $-0.96, Percent Change: -35.56%
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