Edition:
United Kingdom

Beijing Huaye Controlling Shareholder's Shares Pledged To Guoyuan Securities Triggered Margin Call


Thursday, 11 Oct 2018 

Oct 11 (Reuters) - Beijing Huaye Capital Holdings Co Ltd <600240.SS>::SAYS CONTROLLING SHAREHOLDER'S SHARES PLEDGED TO GUOYUAN SECURITIES <<<000728.SZ>>> MAY BE SOLD DUE TO MARGIN CALL.SAYS ITS OWNER IS UNABLE TO RETURN TO CHINA DUE TO HEALTH REASONS.SAYS COMPANY'S OWNERSHIP MAY CHANGE IF THE SHARES PLEDGED TO GUOYUAN SECURITIES DISPOSED.