Li Jiacheng clarified the relationship with the "Big Demon Stock": Changshi does not directly hold the stills, and will sell 4%of its parent company's shares

21st Century Business Herald reporter Zhao Yunfan Shanghai report

As the former "Super China Stock", HKD.NYS, after the closing of US stocks on August 2, recorded a market value of US $ 310 billion in US stocks.

Earlier, the company was rumored to have a relationship with Hutchison Whampoa and Changjiang Industrial Group, a subsidiary of Hong Kong's richest man.

On August 3rd, the 21st Century Business Herald asked Hutchison Whampoa in the form of email and the relationship between the Hutchison Whampoa. The other party forwarded the announcement of the Yangtze River Industrial Company on the afternoon of August 4 to clarify the connection between the two parties.

In this announcement, the Yangtze River Industry stated that the company under the Yangtze River Group did not directly hold the equity of the stills, and did not have any business exchanges with the company.

The company also said that the parent company of Shangbuke Section is Shangbo Group. The Yangtze River Group had sold most of the rights and interests of the Shangbo Group nearly 10 years ago. Now there are only less than 4%of the minimum of minimal interests that were not sold at that time. These shares are now negotiating.

It was suspected of being affected by this. Before the US stock market on August 4, the number of divisions still plummeted by 27%.

In addition, the Yangtze River Group also stated that after the sale of most of the equity of the Shangbo Group, the rights and interests of the stills have been classified as one of the small projects of many financial investment. At present, the board of directors of the Shangbao Group does not have the representative of the Changjiang Group; the Yangtze River Group has not participated in the operation of the Shangrae Group and knew nothing about any business and plan of the group.

The 21st Century Business Herald previously pointed out in the report that the Shangbian Digital Section was mainly controlled by the former MD Cai Zhijian of UBS Group. Li Ka -shing's Yangtze River Group and Hutchison Huangpu did not show any signs of control over the Shangbuke Maternity Company.

The report also pointed out that although Cai Zhijian has gradually increased with the help of Xiaomi Group's IPO underwriting business, it is recently facing the people's investment in China. And because Cai Zhijian was suspected of violating the principle of information disclosure and suspected "mouse warehouse" during the sponsor during UBS, the actual controller of the stills was facing the review of the Hong Kong Securities Regulatory Commission. Cai Zhijian's practice license may be held for two years.

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