HK Stock Market Move | MEILAN AIRPORT(00357) rose more than 5% recently as its controlling shareholder, Hainan Airport Infrastructure Facilities Co., Ltd., pledged approximately 1.19 billion shares of the company.

MEILAN AIRPORT (00357) rose more than 5%, rising to 4.82% as of the time of writing, to 4.57 Hong Kong dollars, with a turnover of 835,100 Hong Kong dollars. In terms of news, MEILAN AIRPORT announced that on July 21, 2026, the company learned that its controlling shareholder Hainan Airport Infrastructure Facility Co., Ltd. (Controlling Shareholder) pledged 118,750,000 shares of non-listed domestic capital stock (Pledged Shares) held by the company to several banks registered in China as collateral for the acquisition loan financing provided to the controlling shareholder. As of the date of this announcement, the controlling shareholder directly and through its wholly-owned subsidiaries holds 295,182,587 shares of the company (equivalent to approximately 62.38% of the company's issued share capital). The Pledged Shares represent approximately 25.09% of the company's issued share capital as of the date of this announcement.