Nine Express (0009) controller moves 18.62% from Donghai to Huarong
Webb-site.com, 18-Dec-2017
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.
Orgs
China Fordoo (2399) controller moves 50.9% from Zhongtai to Donghai
Webb-site.com, 14-Dec-2017
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.