Zhejiang Yongan Rongtong Holdings Co., Ltd. 浙江永安融通控股股份有限公司
Retail investor Tsui Hon Wai sentenced for false trading
SFC, 16-Jul-2010
Comment: the SFC contended that he intended the matched trades and wash trades "to attract buyers to the stock so he could sell out at better prices" - but if an increase in volume really attracts buyers, then why wouldn't it also attract sellers? We have trouble following the logic of the SFC's contention.
SFC, 16-Jul-2010
Comment: the SFC contended that he intended the matched trades and wash trades "to attract buyers to the stock so he could sell out at better prices" - but if an increase in volume really attracts buyers, then why wouldn't it also attract sellers? We have trouble following the logic of the SFC's contention.
Skin in the game
In part 3 of a series, we look at the often calamitous IPOs produced by B M Intelligence and its conversion into China Bio-med Regeneration Technology, involving a huge mark-up on the acquisition. We also cover an international organisation run out of a cobbler's shop in Las Vegas, and the recent changes of ownership in CBRT, including a CPPC member who is a big fan of the PLA. (23-Jun-2009)
In part 3 of a series, we look at the often calamitous IPOs produced by B M Intelligence and its conversion into China Bio-med Regeneration Technology, involving a huge mark-up on the acquisition. We also cover an international organisation run out of a cobbler's shop in Las Vegas, and the recent changes of ownership in CBRT, including a CPPC member who is a big fan of the PLA. (23-Jun-2009)
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