China’s securities regulator has for the first time tossed out the application of a company looking to list on the country’s recently launched high-tech board, in this case due to accounting shenanigans that allowed the company to inflate its profits tenfold.
Accounting Shenanigans Derail Network Security Firm’s Tech Board IPO
2019年09月02日 21:28
来源于
财新网
For the first time, the CSRC rejects a listing application for the new board
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- The CSRC also criticized the company for failing to update its prospectus to account for certain share transfers. Photo: IC Photo
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