-
Advertorial
-
FOCUS
-
Guide
-
Lifestyle
-
Tech and Vogue
-
TechandScience
-
CHTF Special
-
Nanhan
-
Futian Today
-
Hit Bravo
-
Special Report
-
Junior Journalist Program
-
World Economy
-
Opinion
-
Diversions
-
Hotels
-
Movies
-
People
-
Person of the week
-
Weekend
-
Photo Highlights
-
Currency Focus
-
Kaleidoscope
-
Tech and Science
-
News Picks
-
Yes Teens
-
Fun
-
Budding Writers
-
Campus
-
Glamour
-
News
-
Digital Paper
-
Food drink
-
Majors_Forum
-
Speak Shenzhen
-
Business_Markets
-
Shopping
-
Travel
-
Restaurants
-
Hotels
-
Investment
-
Yearend Review
-
In depth
-
Leisure Highlights
-
Sports
-
World
-
QINGDAO TODAY
-
Entertainment
-
Business
-
Markets
-
Culture
-
China
-
Shenzhen
-
Important news
在线翻译:
szdaily -> Markets
Three punished in insider trading case
    2017-October-23  08:53    Shenzhen Daily

THE China Securities Regulatory Commission (CSRC) has confiscated illegal earnings of and imposed huge fines on individuals involved in an insider trading case.

Three people were named in a CSRC statement for taking advantage of knowledge of a series of acquisitions by Shenzhen-listed Hengkang Medical Group Co.

Liu Yuejun, the actual controller of a hospital in southwestern China’s Sichuan Province, bought shares in Hengkang Medical via others’ stock accounts before the hospital sold its treatment center to Hengkang Medical.

He has to forfeit 34 million yuan (US$5.14 million) and faces a fine of around 100 million yuan.

Likewise, Wang Guoxiang and Xue Bingyuan, who profited from the insider information of Hengkang Medical’s acquisitions, also face confiscation of their illegal gains and fines.

In the first eight months of this year, the CSRC has strengthened supervision partly by handing out more fines, nearly half of which were for insider trading. Those fines now total nearly 7 billion yuan, up 141 percent year on year. (Xinhua)

 

深圳报业集团版权所有, 未经授权禁止复制; Copyright 2010, All Rights Reserved.
Shenzhen Daily E-mail:szdaily@szszd.com.cn