Donghai International Securities (Hong Kong) Limited 東海國際證券(香港)有限公司

Nine Express (0009) controller moves 18.62% from Donghai to Huarong
This is likely a share pledge. Donghai had a security interest starting 3 months ago, suggesting a 3-month loan to the controller, Keyne Holdings Ltd, owned by Mr Zhu Boheng, son of Executive Director Ms Qian Ling Ling. (18-Dec-2017)
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)

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