China Green Probed by Hong Kong SFC on Disclosure, ManagementBenjamin Haas
China Green Holdings Ltd. is being investigated by Hong Kong’s Securities and Futures Commission on whether it fully disclosed price sensitive information to shareholders.
The SFC is also investigating possible misconduct by the management of the food producer, according to a company filing to the Hong Kong Stock Exchange today. The agency has begun searching company offices for documents relevant to the case.
China Green shares, which were suspended yesterday, will resume trading tomorrow morning, according to the statement.