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Chongqing Hongjiu Share Pledge and Trading Halt

Chongqing Hongjiu Share Pledge and Trading Halt

Chongqing Hongjiu Fruit Co. Ltd. Class H (HK:6689) has released an update.

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Mr. Deng Hongjiu, the controlling shareholder and chairman of Chongqing Hongjiu Fruit Co., Ltd., has pledged an additional 0.35% of his shares as security for a loan from China Everbright Bank to a subsidiary of the company. This brings his total pledged shares to 14.04% of the company’s total issued shares. Meanwhile, trading of the company’s H shares remains suspended since March 20, 2024, pending regulatory compliance and approval for resumption.

For further insights into HK:6689 stock, check out TipRanks’ Stock Analysis page.

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