tiprankstipranks
Trending News
More News >

Citychamp Watch & Jewellery Addresses Director’s Regulatory Issues

Story Highlights
Citychamp Watch & Jewellery Addresses Director’s Regulatory Issues

Confident Investing Starts Here:

The latest announcement is out from Citychamp Watch & Jewellery Group ( (HK:0256) ).

Citychamp Watch & Jewellery Group announced that Ms. Sit Lai Hei, an executive director, received a supervisory warning from the Shanghai Stock Exchange for not voting at a board meeting and initially failing to assure the accuracy of Citychamp Dartong’s reports. The China Securities Regulatory Commission has also filed a case against her for suspected insider trading activities. The company clarified that these issues are personal to Ms. Sit and do not impact its operations, which continue as usual.

More about Citychamp Watch & Jewellery Group

Citychamp Watch & Jewellery Group is a company based in the Cayman Islands, specializing in the watch and jewellery industry. Its primary focus is on producing and managing a range of timepieces and jewellery products.

YTD Price Performance: 58.33%

Average Trading Volume: 11,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $419.5M

See more insights into 0256 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App