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BRIEF-Industrial Securities to set up fund to compensate investors for losses in Dandong Xintai IPO
June 9, 2017 / 8:01 AM / 3 months ago

BRIEF-Industrial Securities to set up fund to compensate investors for losses in Dandong Xintai IPO

June 9 (Reuters) - Industrial Securities Co Ltd

* Says to set up special fund worth 550 million yuan ($80.90 million) to compensate investors for their losses in Dandong Xintai Electric’s IPO fraud

Source text in Chinese: bit.ly/2sammFH

Further company coverage: ($1 = 6.7982 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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