On the evening of December 6, 2024, Xiangcai shares announced that the Kunming Intermediate Court recently made a first-instance judgment that in two civil cases in which Yunnan Trust was the plaintiff, Xiangcai Securities was required to bear 56% of the debt of Luo Jing's Zhongcheng Company of about 340 million yuan. This means that the court for the first time found that Xiangcai Securities was at fault in Luo Jing's fraud case. The reporter obtained a number of allegedly Xiangcai Securities r...
Shenzhen Huaqiang once again hit the daily limit, the daily turnover of nearly 3 billion yuan, 16 days 15 board cumulative increase of more than 330%.
The turnover of Shanghai and Shenzhen broke through 500 billion, and the volume was 130 billion yuan compared with the previous day.
Singapore's government is stepping up scrutiny of family offices and hedge funds and cleaning up inactive ones as a result of regulatory loopholes exposed by a mega-3 billion-dollar money laundering case. New rules require family offices to provide detailed information and invest at least 10 per cent or S $10 million in local projects. Industry insiders believe this could lead some wealthy Chinese to turn to Hong Kong.