Hong Kong Exchanges and Clearing's Stock Exchange of Hong Kong issued a disciplinary action statement and censured Lerthai Group (0526), six former directors and a former company secretary, according to Ming Pao.
HKEX said that over more than 38 months from April 2021 to June 2024, Lerthai Group subsidiary Xinjiangxia made 333 fund transfers to Ningbo Lerthai. HKEX said the transfers constituted 31 discloseable and connected transactions and 191 major and connected transactions, including two loans to an entity.
STOCKS | HKEX Censures Lerthai Group and Six Former Directors Over Fund Transfers
2026-06-25 10:11:17
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