Hoshine Silicon faces share pledge amid ETF expansion plans

Hoshine Silicon Industry faces increased share pledge activity from controlling shareholders even as it pursues plans to bolster the ETF market. Recent filings detail share pledge and release activities by controlling shareholder Hoshine Group and its affiliates, including individuals Luo Cu and Luo Yedong. These activities involve millions of shares and represent a notable percentage of their holdings, with Hoshine Group pledging shares accounting for 22.03% of the company's total share capital.