BRIEF-Shunwang Technology's controlling shareholder used 15.05 pct worth of shares as collateral

March 13 (Reuters) - Hangzhou Shunwang Technology Co Ltd

* Says its controlling shareholder used an accumulated

103.45 million shares, representing 15.05 percent of total

issued share capital, as collateral

Source text in Chinese: http://bit.ly/2nkF33D

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(Reporting by Hong Kong newsroom)