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broker butcher

Shanghai bourse bars chip maker S2C from listing for 5 years for falsely inflating profit

by Ron Morgan
Shanghai bourse bars chip maker S2C from listing for 5 years for falsely inflating profit

The chip maker fabricated its results by forging transactions, confirming its earnings in advance, and reporting lower costs for the period, the exchange said on Tuesday, adding that the actions …

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China’s regulator: delistings will not ‘increase significantly in the short term’

by Anas Siddiqui
China’s regulator: delistings will not ‘increase significantly in the short term’

China’s securities watchdog said its moves to raise the bar for initial public offerings (IPOs), expel unqualified firms from stock exchanges and exercise greater scrutiny over high-frequency trading are ensuring …

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China’s ‘broker butcher’ vows to tighten IPO rules, curb excesses to restore confidence in US$9.2 trillion stock market

by Anas Siddiqui
China’s ‘broker butcher’ vows to tighten IPO rules, curb excesses to restore confidence in US.2 trillion stock market

China is tightening the screws on new domestic stock offerings, laying out some of the harshest rules, checks and penalties yet to crack down on fake accounting, as a newly …

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China regulatory chief’s appointment indicates investor confidence, market reforms are top of the agenda

by Anas Siddiqui
China regulatory chief’s appointment indicates investor confidence, market reforms are top of the agenda

The Chinese securities watchdog’s new head, “Broker butcher” Wu Qing, has lost no time in tackling the turmoil that has rocked the country’s stock markets, after it hit five-year lows …

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