Huaxi Securities (SHE:002926) said a Chinese court ordered core high-end equipment maker Jin Tong Ling Technology Group (SHE:300091) to compensate 10 plaintiffs in a dispute over liability for securities misrepresentation, according to a Shenzhen Stock Exchange disclosure on Tuesday.
The securities broker is among the 24 defendants, mostly security companies, in the case.
The Nanjing Intermediate People's Court of Jiangsu Province ordered Jin Tong Ling to pay 756,378.46 yuan to the plaintiffs, the disclosure said.
Jin Tong Ling's shares drop over 8% and Huaxi's shares slipped more than 1% in recent trade.
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