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The latest update is out from Tesson Holdings Ltd. ( (HK:1201) ).
Tesson Holdings Limited announced that its executive director, Mr. Wei Qingwen, received a warning letter from the Guangxi Office of the China Securities Regulatory Commission. The letter pertains to non-operational fund occupation issues involving Nanfang Black Sesame Group Co., Ltd., where Wei Qingwen and other parties were found to have engaged in improper fund transactions. This situation highlights regulatory concerns and potential implications for the involved parties, emphasizing the importance of compliance with financial disclosure requirements.
More about Tesson Holdings Ltd.
Average Trading Volume: 26,386
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$136.2M
See more insights into 1201 stock on TipRanks’ Stock Analysis page.