trending Market Intelligence /marketintelligence/en/news-insights/trending/x_wxm9bjfgyb_4dhn_8dkg2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Credit China resumes trading

L.K. Bennett: Bankruptcy Case Study

State Of Singapore Online Video Subscription

Power Forecast Briefing: Capacity Shortfalls to Test the Renewable Energy Transition

Episode 43 - More Change, M&A On Horizon For Equity Research Industry


Credit China resumes trading

Credit China FinTech Holdings Ltd resumed trading at 9 a.m. Hong Kong time on Dec. 21 after halting trading Dec. 13.

The company also denied allegations made by Anonymous Analytics in a report, noting that the report contain "malicious speculations" and "obvious factual errors."

The Dec. 13 report alleged that there were improprieties in Credit China's acquisitions of various entities and property, including an accusation that the company's acquisition of Shanghai Jifu Xinxi Jishu Fuwu Co. Ltd. was an undisclosed related-party transaction involving Zhang Zhenxin, a nonexecutive director and a substantial shareholder of the company.

Credit China refuted this accusation, citing information from State Administration For Industry & Commerce filings to argue that none of Shanghai Jifu's shareholders as of deal announcement was a related party to the company.