Everbright Securities Faces Major Litigation in Stock Issuance

Everbright Securities Company Limited Class H (HK:6178) has released an update.

Everbright Securities Company Limited is involved in a significant litigation case as a defendant alongside 23 other parties related to Jin Tong Ling Technology Group’s 2018 share issuance. The China Securities Investor Services Center has received authorization to represent 60 rights holders in this case, which will be heard under special representative litigation procedures. Investors affected by the litigation have been given the opportunity to participate or withdraw from the proceedings by a specified date.

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