Hong Kong Regulator Suspends Trading in Baicha Baidao
Sichuan Baicha Baidao Industrial said it noted the Hong Kong securities regulator’s decision to suspend trading over concerns that demand for its IPO may have been rigged.
Sichuan Baicha Baidao Industrial (HKEX:2555) said Wednesday that Hong Kong’s securities regulator had suspended trading in its shares amid concerns that demand for the company’s initial public offering may have been rigged.