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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.
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