CSRC wields hammer
Source: Shanghai Daily |
March 14, 2017, Tuesday
|
Print Edition
Print Edition
CHINA’S securities regulator plans to fine office service provider China Nine Top and Anshan Heavy Duty Mining Machinery Co about 4.4 million yuan (US$637,000) after finding the companies faked assets while conducting a backdoor listing.
Nine Top was alleged to inflate its revenue and bank deposits and collude with Shenzhen-listed Anshan Heavy Duty to carry out a asset restructuring. Several senior managers with Nine Top will be banned from the securities market for five to 10 years, the China Securities Regulatory Commission said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
