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Hong Kong regulator suspends ChaPanda shares over suspected IPO manipulation

Hong Kong’s Securities and Futures Commission ordered trading in Chinese tea chain ChaPanda’s shares suspended from 9 a.m. on October 13, citing serious concerns that its initial public offering may have been artificially manipulated. The suspension forms part of an investigation into two groups suspected of orchestrating IPO fraud schemes that created a false impression […]

By TechNode

1 min read
Hong Kong regulator suspends ChaPanda shares over suspected IPO manipulation
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