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  • Shenzhen Stock Exchange Activates The Forced Delisting Mechanism Against Changsheng Bio-Technology For Major Violations Of Law

    Date 19/11/2018

    On 16 October 2018, a major subsidiary of Changsheng Bio-technology Co., Ltd. (hereinafter referred to as Changcheng Bio-technology or the Company) received an administrative penalty, i.e. the revocation of drug manufacturing certificate, imposed by the National Medical Product Administration department and had to pay a fine of CNY9.1 billion for illegal vaccine production. The subsidiary has made major violations of law involved such fields as national security, public security, ecological security, production safety, as well as public health and safety. According to the CSRC Decision on Amending the Opinions on Reforming, Improving and Strictly Implementing the Delisting System for Listed Companies, Clause II, Article 5 of the SZSE Implementation Measures on Forced Delisting of Listed Companies for Major Violation of Law (hereinafter referred to as the Implementation Measures), Article 2 of the Notice on Issuing the Rules Governing Share Listing on Shenzhen Stock Exchange (November 2018 Revision), Rules Governing the Listing of Shares on the Chinext of Shenzhen Stock Exchange (November 2018 Revision) and Implementation Measures of Shenzhen Stock Exchange for the Relisting of Delisted Companies (November 2018 Revision) (hereinafter referred to as the Notice), Changcheng Bio-technology might be involved in the circumstances of forced delisting for major violations of law and SZSE activates the forced delisting mechanism for major violations of law against Changcheng Bio-technology.

  • Singapore FinTech Festival Attracted A Record 45,000 Participants From 130 Countries

    Date 19/11/2018

    The third edition of the Singapore FinTech Festival wrapped up its week-long event last Friday, which drew close to 45,000 participants from almost 130 countries, ranging from Afghanistan to Zambia. The Festival continues to be the biggest FinTech event in the world and a provides a global platform for the FinTech community to connect, collaborate and co-create. The Festival also featured more than 250 speakers, almost 500 exhibitors - 60 percent of which were foreign, and 16 international pavilions1. 

  • Danske Bank Whistleblower Agrees To Testify Before Danish Parliament Despite Threat Of Criminal Prosecution Under Bank Secrecy Laws

    Date 18/11/2018

    Today the attorney for Danske Bank money-laundering whistleblower Howard Wilkinson released a statement prior to Wilkinson's appearance before the Danish Parliament. Wilkinson, a former employee at Danske Bank’s Estonia office, uncovered a massive money-laundering scandal involving billions of dollars flowing out of Russia. 

  • Prophet Mohamed's Birthday Holiday At EGX

    Date 18/11/2018

    EGX decided Tuesday 20 November 2018 a holiday in celebration of Prophet Mohamed's birthday. Trading will be resumed effective Wednesday 21 November 2018.

  • The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report (By Nationality And Investor Type)

    Date 18/11/2018

    To view the detailed Weekly Stock Market Ownership and Trading Activity Report (by Nationality and Investor Type) for Main Market and Nomu-Parallel Market please Click Here

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