Several directors and senior executives of ST Jingga Port have been taken compulsory criminal measures, the company's 2.2 billion debt rights have been overdue for four consecutive years with financial fraud | Speedy announcement.

①Director Jin Gang, who is also the president, vice president and chief financial officer, vice president, and former director and chairman of the company, along with four others, have been taken coercive measures by the public security organs; ②The company has formed a total accounts receivable and prepayment balance of approximately 2.171 billion yuan due to carrying out trade business, all of which are overdue; ③The company falsified its financial statements from 2018 to 2021, artificially increasing revenue by 8.62 billion yuan, and has not disclosed its interim report for this year.

cls.cnOct 28, 2024 08:54 ET

Share buyback shareholding loans quickly landed! ICBC, BOC, ABC, CMB, CITIC and other first batch of multiple banks announced progress. Some banks have already shown cooperation intentions with nearly a hundred listed companies.

1. As of now, Bank of China has reached cooperation intentions with nearly a hundred listed companies, with 32 listed companies explicitly promised loans, covering multiple industries such as integrated circuits, transportation, high-end manufacturing, and business services; 2. The banks stated that they will strictly adhere to the risk compliance bottom line, rigorously prevent crediting funds that do not meet the conditions of stock increase stake & buyback and refinancing policies from illegally flowing into the stock market.

cls.cnOct 21, 2024 03:54 ET

Chinese Stocks Mixed in Morning Trade -- Market Talk

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