Evergrande Group Executives Penalized by CSRC
Company Announcements

Evergrande Group Executives Penalized by CSRC

China Evergrande Group (HK:3333) has released an update.

China Evergrande Group, currently in liquidation, has announced that the China Securities Regulatory Commission (CSRC) has penalized its subsidiary Hengda Real Estate, along with executive directors Mr. Hui Ka Yan and Mr. Qian Cheng, for violations of securities laws. Details of the breaches and penalties are detailed in the CSRC’s published Decision. Furthermore, trading of China Evergrande Group shares remains suspended since January 29, 2024, with shareholders advised to exercise caution.

For further insights into HK:3333 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskChina Evergrande Faces Hurdles Amid Liquidation Efforts
TipRanks HongKong Auto-Generated NewsdeskChina Evergrande Group Faces Liquidation and Trading Suspension
TipRanks HongKong Auto-Generated NewsdeskChina Evergrande Faces Trading Suspension Amid Liquidation
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App