Print Edition - 2017-01-20  |  Money Digest

Hong Kong sues StanChart, UBS

- AFP, Hong Kong

Jan 20, 2017-

Hong Kong’s stock market regulator has filed a lawsuit against major banks Standard Chartered and UBS along with consultancy firm KPMG over a 2009 initial public offering on the city’s bourse. A writ of summons to the High Court filed by the Securities and Futures Commission (SFC) on Monday alleged “market misconduct” in connection with China Forestry IPO prospectus and the firm’s financial statements for 2009 and the first half of 2010.


Published: 20-01-2017 09:52

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