Beijing is stepping up supervision of its companies listed abroad, said its cabinet in a statement. The development comes in the wake of China launching a cyber security investigation into Didi Global Inc just after its US IPO. In a… Read More ›
market manipulation
German financial regulator BaFin investigating suspected market manipulation of Wirecard’s shares
On Friday, a spokeswoman from Germany’s financial regulator BaFin stated, it is investigating Wirecard’s communication with investors directly ahead of the publication of a critical audit by KPMG. Earlier, BaFin had said, it would include the findings of the KPMG… Read More ›
German state authorities expand VW’s diesel emission scandal scrutiny with market manipulation angle
Authorities have already raided 13 offices in VW’s headquarters and have seized documents and electronic files from its computers. WirtschaftsWoche, a German Magazine has reported citing a spokesman from the state prosecutors office as saying, they have started fresh enquiries… Read More ›
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