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Can pawn shops mortgage equity?
Pawnshops can pledge their own shares. At the time of pledge, the ownership of the equity has not changed. As long as it is a transferable equity, the equity pledge needs to be registered to take effect. Property rights in intellectual property rights such as exclusive rights and copyrights can also be pledged.

legal ground

Article 440th of the Civil Code

The following rights that the debtor or a third party has the right to dispose of may 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 equity;

(5) Transferable intellectual property rights such as the exclusive right to use a registered trademark, patent right and copyright;

(6) Existing and future accounts receivable;

(7) Other property rights that can be pledged according to laws and administrative regulations.