China Fordoo (2399) controller moves 50.9% from Zhongtai to Donghai
This comes 1 year and 1 day after the block moved from HSBC to Zhongtai. The shares were pledged to Zhongtai, so this suggests that the controller (owned by the Chairman and his wife) may have remortgaged the shares. The SFC issued a concentration warning on the stock on 16-Dec-2016. (14-Dec-2017)
Chairman moves 74.93% of China Graphene (0063) from Zhongtai to ABCI
According to filings, the shares were pledged on 14-Dec-2016 to Zhongtai Dingfeng Classified Fund SP, managed by Zhongtai International Asset Management Ltd. Almost a year later, perhaps they have just been repledged to a different lender. Chairman Li Feng Mao holds the shares via HK Guoxin Investment Group Ltd. ABCI is wholly-owned by Agricultural Bank of China (1288). (13-Dec-2017)
SFC fines Zhongtai International Securities Ltd HK$2.6m for AML issues
SFC, 14-Mar-2017
China Fordoo (2399) controller moves 51% from HSBC to Zhongtai

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