BRIEF-Modern Avenue's controlling shareholder used 19.7 pct worth of shares as collateral

March 14 (Reuters) - Modern Avenue Group Co Ltd

* Says its controlling shareholder used 80.7 million shares,

representing 19.7 percent of total issued share capital, as

collateral

Source text in Chinese: http://bit.ly/2nnGtdA

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(Reporting by Hong Kong newsroom)