01 Feb China’s securities regulator raises suspicion of financial fraud committed by chip developer Beijing Zuojiang Technology
Posted at 12:30h
in Asia
The China Securities Regulatory Commission (CSRC) said it found the 2023 financial disclosures of Shenzhen-listed Zuojiang to be “seriously untrue” and “suspected [the company] of significant financial fraud”, according to the agency’s statement on Monday about the results of its preliminary investigation.The CSRC said...