Shenzhen Exchange Suspends Hanvon
TechWeb, 1/16/12
The Shenzhen Stock Exchange issued a notice today that trading would be suspended on the stock of Chinese e-reader and handwriting input peripherals manufacturer Hanvon (002362.SZ) from January 16 onwards. On December 22, 2011, Hanvon received notice that it was under review by the China Securities Regulatory Commission (CSRC) for suspected insider trading. Industry insiders say that the review may be related to Hanvon's delayed announcement of unexpected major losses earlier in the year, and to senior management's moves to divest themselves of stock.
Keywords: scandal hardware CSRC Hanvon Shenzhen Stock Exchange 002362.SZ e-book
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