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DTXS Silk Road Investment Holdings Company Limited ( (HK:0620) ) has shared an announcement.
DTXS Silk Road Investment Holdings disclosed that its controlling shareholder, Da Tang Xi Shi International Holdings Limited, has defaulted on a loan secured by a charge over 43 million of the company’s shares, representing about 5.37% of its issued share capital. The company noted that, as of the announcement date, no forced sale of the pledged shares has occurred and there has been no change in the controlling shareholder’s stake, with Lu Jianzhong and related entities collectively maintaining majority control.
The board said it had observed recent share price declines and higher trading volumes and, after reasonable inquiries, confirmed it was unaware of other undisclosed reasons for the market movements beyond the loan default situation. Trading in the company’s shares was temporarily halted on 20 March 2026 pending the disclosure and the company has applied for trading to resume on 23 March 2026, while advising shareholders and potential investors to exercise caution in dealing in its securities.
The most recent analyst rating on (HK:0620) stock is a Sell with a HK$0.42 price target. To see the full list of analyst forecasts on DTXS Silk Road Investment Holdings Company Limited stock, see the HK:0620 Stock Forecast page.
More about DTXS Silk Road Investment Holdings Company Limited
DTXS Silk Road Investment Holdings Company Limited is a Bermuda-incorporated company listed in Hong Kong, with a controlling shareholder, Da Tang Xi Shi International Holdings Limited, holding about 51.6% of its issued share capital. The group is ultimately controlled by Da Tang Xi Shi Investments Group Limited, which is majority owned by chairman and executive director Lu Jianzhong, alongside other significant shareholder Yang Xingwen.
Average Trading Volume: 1,523,553
Technical Sentiment Signal: Sell
Current Market Cap: HK$284.4M
See more insights into 0620 stock on TipRanks’ Stock Analysis page.