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Many individuals have been penalized and will be listed as *ST! Orient Group Incorporation is on the "brink of life and death" | Quick read announcement.
① Orient Group Incorporation received the "Notice of Administrative Penalty" from the Securities Regulatory Commission, and several people including the actual controller Sun Hongwei were penalized; ② The company's Stocks were suspended from trading on March 17, and resumed trading on March 18 with a delisting risk warning.
Shanghai Xuerong Bio-Technology changes ownership, new actual controller sets a "hundred billion Market Cap" flag | Quick read announcement.
① The control of Shanghai Xuerong Bio-Technology has changed, with chairman Yang Yongping relinquishing the position of the company's controlling Shareholder and actual controller. ② Jiang Zhi, an entrepreneur from the Online Games industry, will become the new actual controller. He stated that he hopes to build Shanghai Xuerong Bio-Technology into a publicly traded company with a revenue of 10 billion and a Market Cap of 100 billion in the next 3 to 5 years.
Express News | DeepSeek-R2 will be released on March 17, and there has been no official response yet.
Weekend reading | What is the "yardstick" for the growth potential of POP MART, which is small yet resilient?
The controversy in the Capital Markets regarding POP MART lies in the fact that trendy toys are neither a necessity nor frequently purchased, and the market size is extremely limited, which is contrary to the rapid growth sought by venture capitalists. However, trendy toys have become a lucrative business, shining alongside the heavily funded thighs of investment committees in high-end office buildings.
Suspected of major financial fraud! Orient Group Incorporation is currently at risk of being (Delisted). How can the rights of 0.129 million Shareholders be protected?
① The China Securities Regulatory Commission reported that it has preliminarily determined that the financial information disclosed by Orient Group Incorporation from 2020 to 2023 is severely inaccurate, suspected of significant financial fraud, which may involve serious violations that lead to (Delisted); ② As of the end of the third quarter of 2024, Orient Group Incorporation still has 0.129 million Shareholders, raising concerns about how investors can protect their legal rights.
Express News | Hong Kong stock steel shares surged in the short term, CHINA ORIENTAL rose more than 30%, CHONGQING IRON rose more than 14%, Angang Steel rose more than 11%, and MAANSHAN IRON rose nearly 9%.