Caixin Global – Latest China News & Headlines

Home >

Kuaishou Looks to Give Small and Midsize Merchants a Livestreaming Leg Up
China’s Vice Premier Vows Support for Digital Platforms
China’s Vice Premier Vows Support for Digital Platforms
Kuaishou Looks to Give Small and Midsize Merchants a Livestreaming Leg Up
New Drug Rules Loom Over Online Pharmacies
Xiaomi’s Indian Unit Cleared for Operating Funds Until May 23
China’s Livestream Platforms Ordered to Stop Minors Tipping
Chinese Smartphone-Makers Must Spend Big to Challenge Apple, Oppo’s China Chief Says
CATL Poaches Huawei Veteran to Lead Next Generation Battery Development
Baidu, Cleared to Test Robotaxis in a Beijing Suburb
U.S. Court Denies Richard Liu’s Request to Limit Questioning in Rape Accuser’s Civil Suit
NetEase’s Cloud Village Sues Rival Tencent Music Again Citing Unfair Competition
Drone-Maker DJI Temporarily Stops Doing Business in Russia and Ukraine Gets Licensed to Run Robotaxis in South China
Huawei Targets Corporate Clients as Consumer Business Suffers
Tesla’s Shanghai Plant Reopens After Three-Week Covid Closure
China Bans Online Platforms From Livestreaming Unapproved Games
TSMC Reports Healthy Profit Growth Driven by Demand for High-End Computer Chips
Nio Joins Caravan of Automakers Halting Production in China Due to Covid
Chinese Internet Companies Add 79,100 Jobs in Nine Months Founder Richard Liu Becomes Latest Tech Billionaire to Give Up CEO Role
China Venture Deal Poses Uncertainties to Arm’s Licensing Income

By Charlotte Yang / Dec 11, 2018 07:10 PM / Economy

Photo: VCG

Photo: VCG

Changsheng Bio-Technology, which in a high-profile scandal earlier this year was revealed to have fabricated data on its vaccines for infants, has received an advance notification of mandatory delisting from the Shenzhen Stock Exchange.

The exchange described the vaccine-maker's illegal activities as “seriously damaging to national interests and public interests.”

In a separate announcement, the company said the China Securities Regulatory Commission fined 17 related personnel for market violations, banned four from entering China’s stock markets for life, and three from entering the market for five years.

Related: Data-Faking Vaccine Firm to Be Kicked Off Stock Exchange Under New Rules

Share this article
Open WeChat and scan the QR code