What's the cost of conducting fraud on China’s stock market?
CGTN, 06 Apr 2021
For more:
https://www.cgtn.com/video
On March 12, 2021, Guangdong Rongtai, a listed pharmaceutical company in China and company executives was fined over 15 million $2.28 million.
As of the end of March 2021, China's new Security Law has been implemented for over 13 months. The law greatly increases the cost of company fraud by increasing the maximum fine.
The China Securities Regulatory Commission has called out 153 IPO agencies, and 84 companies have withdrawn their applications. Still, 730 enterprises are waiting in line for public listing.
#data #business #China #stock #market
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https://www.cgtn.com/video
On March 12, 2021, Guangdong Rongtai, a listed pharmaceutical company in China and company executives was fined over 15 million $2.28 million.
As of the end of March 2021, China's new Security Law has been implemented for over 13 months. The law greatly increases the cost of company fraud by increasing the maximum fine.
The China Securities Regulatory Commission has called out 153 IPO agencies, and 84 companies have withdrawn their applications. Still, 730 enterprises are waiting in line for public listing.
#data #business #China #stock #market
Subscribe to us on YouTube: https://goo.gl/lP12gA
Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8
Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv
