Tag Archives: sector

Short-PriCon Invest announces new strategy as holding company in logistics sector

* Announced on Wednesday new method as holding business in the logistics sector

* Cash capital increase and modify of segment to the Prime Common planned

* Contribution in kind of Aves Logistics AG to PriCon Invest AG

* To boost share capital by issuing 825,000 new no-par value shares

* Capital improve planned for December

Source text – bit.ly/1Ojyi7g

Further company coverage:

(Gdynia Newsroom)

Police chief who place away Zhou Yongkang to head probe of China’s securities sector: Bloomberg

SHANGHAI A former Beijing police chief who put away 1 of China’s prime Communist Celebration officials will head a corruption investigation into the securities sector, Bloomberg reported on Friday, citing an unidentified supply.

Fu Zhenghua, now a deputy minister for public security, previously supervised the case against former Politburo Standing Committee member Zhou Yongkang, 3 individuals familiar with the matter told Bloomberg.

The Ministry of Public Safety did not instantly respond to a request for comment.

Haitong Securities, Guosen Securities and CITIC Securities have been topic to probes by the China Securities Regulatory Commission (CSRC) for suspected violations of margin trading rules.

After China’s stock market slump in mid-June, Beijing started cracking down on insider trading and quick-selling, which it mentioned had been partly to blame for market place volatility.

(Reporting by Engen Tham Editing by Ryan Woo)

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