Chinese firms in hot water for not issuing reports on time

Saturday, 11 May 2019 12:13

Five Chinese firms are being investigated for not issuing their annual reports on time.

The China Securities Regulatory Commission (CSRC) said the companies could be guilty of information disclosure violations.

Trade in their shares has been suspended while the investigations are ongoing.

The five firms are as follows: ShangHai ZhongYiDa Co Ltd, Xinjiang Yilu Wanyuan Industrial Investment Holding Co., Ltd, Zhejiang Great Southeast Co Ltd, Changsheng Bio-technology Co Ltd and Chengdu Huaze Cobalt & Nickel Material Co Ltd.

More from Business

Indian state shuts some Domino's, Pizza Hut outlets, citing hygiene lapses

The Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
ADNOC's XRG advances global gas strategy with Venezuela entry

XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Iger, Kushner purchasing Lakers for record $12.5 billion

Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
Chair of India's Tata to step down after tension with controlling charity

The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
Emirates offers flyers to Dubai unlimited free date changes

Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.

Recently Played

Cry
Mandy Moore
Iingatan Kita
Ronnie Liang
Kapag Ako Ay Nagmahal
Juris

Latest Blogs

Pinoy Tribe with FUCC - Truefit Crew UAE
Pinoy Expat Corner

What are the rules and laws in the UAE regarding car modifications that every car owner should know?
Pinoy Bulletin August 03 - 7, 2026
Pinoy Expat Corner

Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Pinoy Tribe with FitKada DXB
Pinoy Expat Corner

What inspired them to choose running as their form of exercise despite their busy work schedules as OFWs?

Chinese firms in hot water for not issuing reports on time

More from Business

Recently Played

Latest Blogs

Our Shows

Quick Links

Listen on the Go

Chinese firms in hot water for not issuing reports on time

Share

More from Business

Recently Played

Latest Blogs

Our Shows

Quick Links

Listen on the Go