Zhu, Shengqin 朱聖琴

Censure/criticism of China Huiyuan Juice (ex-1886) and directorsLoan announcement
SEHK, 17-Nov-2021
For humungous RMB4.28bn unauthorised and undocumented loans to a connected person of the Chairman.
China Huiyuan Juice Group Ltd (1886): winding up proceedings adjourned to 30-Nov-2020
HK Court of First Instance, 19-Nov-2020
Justice Jonathan Harris issues a warning to creditors and shareholders of HK-listed companies incorporated overseas (Bermuda, Cayman, elsewhere) that the HK courts may not be able to assist much in regulating insolvency and the protection of shareholders' rights, because these are largely matters for the place of incorporation and also because Mainland courts may not recognise liquidators unless they are appointed in the place of incorporation.

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