August 27, 2019 BY Valentina Kirilova

GEM-listed Ching Lee Holdings Limited shares manipulated

The Hong Kong Securities and Futures Commission (SFC) has commenced proceedings against a group of local and overseas investors suspected of manipulating the shares of GEM-listed Ching Lee Holdings Limited (Ching Lee) through a large scale and highly organised manipulative scheme. The proceedings were initiated on 11 July 2019 when the SFC applied for urgent…

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