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BRIEF-Central China Securities receives decision letter on administrative regulatory measures from Henan Regulatory Bureau
May 24, 2017 / 11:53 AM / 2 months ago

BRIEF-Central China Securities receives decision letter on administrative regulatory measures from Henan Regulatory Bureau

1 Min Read

May 24 (Reuters) - Central China Securities Co Ltd

* Received "decision letter on administrative regulatory measures of henan regulatory bureau of china securities regulatory commission

* Says operation of co remains normal, and at present its financial condition and debt repayment ability have not been affected

* Irregularities of co were identified from investigation such as hebi branch carrying out agency sale of products without permission from headquarters of co

* According to bureau's investigation hebi branch's responsible person zhou zhen and employees collected funds from unqualified investors

* "Company has no objection to mentioned penalties."

* According to investigation, as responsible person of hebi branch, zhou zhen shall be directly responsible for irregularities Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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