Legal basis
Article 44 of the Civil Code of the People's Republic of China
The following rights that the debtor or a third party has the right to dispose of can be pledged:
(1) Bills of exchange, promissory notes and checks;
(2) bonds and certificates of deposit;
(3) warehouse receipts and bills of lading;
(4) Transferable fund shares and stock rights;
(5) property rights in intellectual property rights such as the right to exclusive use of registered trademarks, patents and copyrights that can be transferred;
(6) existing and future accounts receivable;
(7) other property rights that can be pledged according to laws and administrative regulations.
Article 443rd
Where a fund share or equity is pledged, the pledge right shall be established when the pledge registration is completed.
after the pledge, the fund shares and stock rights shall not be transferred, unless the pledger and the pledgee agree through consultation. The pledgor shall pay off the debt or deposit the proceeds from the transfer of fund shares and equity to the pledgee in advance.