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Hong Kong’s SFC starts legal proceedings against Tianhe Chemicals

Hong Kong’s Securities and Futures Commission (SFC) has commenced proceedings in the Market Misconduct Tribunal (MMT) against Chinese additive maker Tianhe Chemicals Group Limited (Tianhe) and its Executive Director, Wei Xuan, for allegedly issuing Tianhe’s listing prospectus in which the company’s revenue was overstated by more than CNY6.7 billion (USD980 million). The SFC is also […]

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