China International Capital (HK:3908) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
China International Capital Corporation (CICC) faces administrative penalties from the China Securities Regulatory Commission for failing to exercise due diligence during the IPO sponsorship of S2C Limited. The penalties include a rectification order, confiscation of sponsorship income, and fines for CICC and its responsible officers. CICC has expressed its commitment to improving its professional standards to better serve the capital market.
For further insights into HK:3908 stock, check out TipRanks’ Stock Analysis page.