Investigation notices sent to 3 firms
China Daily | Updated: 2013-03-26 08:00
The three companies have received investigation notices from the China Securities Regulatory Commission under its new chairman Xiao Gang.
Shanghai-listed Weifang Beida Jade Bird Huaguang Sci-Tech Co Ltd - a software provider based in Shandong province - received the investigation notice on Wednesday, although the commission still has to say on what ground the investigation was launched.
The company hit the 10 percent daily price-increase limit for three consecutive days last week.
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