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China Fines 3 Chairman of Private Equity Firms & Listed Company $92.8 Million for Share Price Manipulation & Profiting $9.1 Million Between 2017 to 2019, 3 Executives are Chairman of Shenzhen JT Automation Equipment Wu Xian, Chairman of Shenzhen June Asset Management Consulting Chen Lei & Chairman of Huihaihong Financing & Investment Development Lin Jianwu
18th January 2024 | Hong Kong
China securities regulator has fined 3 Chairman of private equity firms and a listed company $92.8 million (CNY 661 million) for share price manipulation & profiting $9.1 million (CNY 65 million) between 2017 to 2019. The 3 executives are Chairman of listed companyShenzhen JT Automation Equipment Wu Xian, Chairman of (private equity) Shenzhen June Asset Management Consulting Chen Lei and Chairman of (private equity) Huihaihong Financing & Investment Development Lin Jianwu.
“ China Fines 3 Chairman of Private Equity Firms & Listed Company $92.8 Million for Share Price Manipulation & Profiting $9.1 Million Between 2017 to 2019, 3 Executives are Chairman of Shenzhen JT Automation Equipment Wu Xian, Chairman of Shenzhen June Asset Management Consulting Chen Lei & Chairman of Huihaihong Financing & Investment Development Lin Jianwu “
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China Fines 3 Chairman of Private Equity Firms & Listed Company $92.8 Million for Share Price Manipulation & Profiting $9.1 Million Between 2017 to 2019
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