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Huiyuan

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2020

    Huiyuan Juice to be delisted from Hong Kong Stock Exchange

    Ban or restriction

    The Hong Kong Stock Exchange's Listing Committee decided to cancel Huiyuan Juice's listing status after the company failed to meet the resumption conditions by January 31, 2020. The decision was reported on February 15, 2020, according to a Sina Finance article. The event is noted as a controversy involving the brand Huiyuan.

    The Hong Kong Stock Exchange’s Listing Committee decided to cancel Huiyuan Juice’s listing status after the company failed to meet the resumption conditions by January 31, 2020.

    Source excerpt

    • 由于公司证券买卖自2018年4月3日停止交易,但其无法于2020年1月31日前履行复牌条件,并在联交所恢复证券买卖。联交所上市委员会根据上市规则第6.01A条决,决定取消汇源果汁的上市地位。
    • 2018年3月,汇源果汁因在没有进行申报、披露公告以及董事会批准的情况下,向北京汇源饮料等关联公司违规出借了42.83亿元贷款,此举违反了港交所上市规则中的相关规定
    • 两天后的2月14日晚,汇源果汁就收到香港联交所一张退市的函件。汇源果汁发布公告称,公司接到联交所发出的函件,由于公司证券买卖自2018年4月3日停止交易,但无法于2020年1月31日前履行复牌条件,并在联交所恢复证券买卖。联交所上市委员会根据上市规则,决定取消汇源果汁的上市地位。
  2. 2010

    Insider-dealing case involving Huiyuan shares

    Hong Kong's Market Misconduct Tribunal found Sun Min guilty of insider trading related to Huiyuan shares purchased before the public announcement of Coca-Cola's proposed acquisition. She was fined HK$20 million. The matter concerned securities trading and was not reported in the supplied material as a product-safety issue.