JUJIANG CONSTRUCTION GROUP CO., LTD. 巨匠建設集團股份有限公司
SFC fines Guotai Junan Securities HK$25.2m
SFC, 22-Jun-2020
This partly relates to the handling of the IPO of an unnamed company which we can reveal is Jujiang Construction (1459) in Jan-2016.
SFC, 22-Jun-2020
This partly relates to the handling of the IPO of an unnamed company which we can reveal is Jujiang Construction (1459) in Jan-2016.
Concentration warning in Jujiang Construction (1459)
SFC, 4-Feb-2016
Comment: unlike the GEM, the Main Board Listing Rules do not require any statement of the distribution of placing shares at the time of listing. 90% of the issue was placed, probably in concentrated hands, but no disclosure was required before trading began on 16-Jan. The main board rules should adopt the GEM requirement, disclosing how many shares went to the largest, top 5, top 10 and so on.
SFC, 4-Feb-2016
Comment: unlike the GEM, the Main Board Listing Rules do not require any statement of the distribution of placing shares at the time of listing. 90% of the issue was placed, probably in concentrated hands, but no disclosure was required before trading began on 16-Jan. The main board rules should adopt the GEM requirement, disclosing how many shares went to the largest, top 5, top 10 and so on.
Sign up for our free newsletter
Recommend Webb-site to a friend
Copyright & disclaimer, Privacy policy