Brief: Hengtai Securities receives disciplinary action verdict from Asset Management Association of China

Financial Street Securities

31/07/2017 15:36

July 31 (Reuters) - Hengtai Securities Co Ltd  1476.HK  
    * On 28 July 2017, company received disciplinary action 
verdict from Asset Management Association of China 
    * AMAC resolved to suspend acceptance of filing by co for 
its asset- backed specialized schemes for a period of six months 
commencing from 1 August 2017 
    * Disciplinary action has not yet had any material impact on 
operation performance of company 
    * Upon expiration of suspension, company shall submit a 
rectification report to inner Mongolia regulatory bureau of CSRC 
and AMAC 
    * At present, company is under normal operation 
 
Source text for Eikon:  ID:nHKS5nXPqZ  
Further company coverage:  1476.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))