Troubled investment bank China Renaissance suspends share trading

  • 📰 malaymail
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

BEIJING, April 3 — Investment bank China Renaissance suspended trading in its Hong Kong-listed shares today, saying the disappearance of its chairman meant it was unable to...

BEIJING, April 3 — Investment bank China Renaissance suspended trading in its Hong Kong-listed shares today, saying the disappearance of its chairman meant it was unable to publish its annual results.

The bank, which specialises in the Chinese tech industry, announced yesterday that Bao’s absence made it impossible to publish its audited 2022 results. Chinese authorities have not given any details on Bao’s detention or the reasons for the investigation. Bao is not the first high-profile Chinese financier to fall foul of the authorities in recent years, with President Xi Jinping leading an aggressive crackdown on alleged corruption.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Troubled investment bank China Renaissance suspends share trading | The Malaysian InsightChairman’s disappearance renders company unable to publish annual results.
La source: msianinsight - 🏆 8. / 63 Lire la suite »