Hong Kong
Cnn
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A high deal maker in the country’s tech industry, China’s stars. Sania said she would suspend her share trade and delay the release of her annual results as she still cannot contact her founder.
52 -year -old Bao Fan launched the Boutic Investment Bank in 2005 and has been inaccessible since the middle February, according to the company. China’s addiction since Bao disappeared. Shares in Sania have decreased, at one point at one point maximum fell by 50 %.
China Peninsharan said in late February that it had learned that BAO was “cooperating in the investigation” by some of the country officials. He did not give any other details.
Is the Chinese media Reported BAO and China’s addiction. Sania is assisting the former executive investigation.
In a filing on Sunday, China’s stars. Sania said the auditor could not complete his work due to the absence of Bao and could not sign his report. The board was also unable to make an estimate when it could approve its audited results for 2022 or will be able to send its annual report on April 30, according to Hong Kong’s listing rules.
As a result, the trade was suspended in the company’s shares from Monday.
Bao is known as an experienced deal maker Which works with top technology companies in China. It helped the country’s two leading food supply services, the 2015 integration between Metwan and Diwning. Today, the joint company’s “super app” platform is everywhere in China.
His team has also invested Chinese Electric Vehicle makers in the US list.
(Niu) And helped Lee Auto and Chinese Internet Giants Bido
(Bidu) And JD dot com
(JD) Complete their secondary lists in Hong Kong.
At the end of the week, China’s top anti -graft Watch Dog launched an investigation into former party secretary and chairman Liu Lodge. According to Bank of China, according to A statement Central Commission for Discipline Inspection and State Monitoring Commission. The bank is in public ownership and is one of the country’s four largest lenders.
The statement said that Liu was “suspected of discipline and serious violations of the law.” He is one of the most senior financial executives targeted by President Shi Jinping in the broader financial crackdown.
In January, former party chief and China Life Insurance Chairman Wang became Charge Through national level prosecutors with bribery and hiding abroad.
– Michelle Touha contributed to reporting.
