男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Markets

SSE concerned over renaming plans

By WU YIYAO (China Daily) Updated: 2015-04-03 09:37

SSE concerned over renaming plans

A retail site of Panda Fireworks Group Co Ltd in Beijing in February. The company plans to rename itself as Panda Financial Holdings and expand into Internet financing. [Photo/China Daily]

Capital market authorities in China have expressed concern over the growing number of listed companies that plans to change their names and core operations, after business declined due to the ongoing anti-corruption campaign.

The Shanghai Stock Exchange on Thursday sought more detailed explanation on financial holdings from a listed fireworks company that wanted to change its name.

Panda Fireworks Group Co Ltd on March 23 said it plans to rename itself as Panda Financial Holdings and expand into Internet financing. The Shanghai bourse said it has sent two letters to the company asking for more details on the planned move and warned investors that the proposed Internet financing business is risky due to market uncertainty and fierce competition.

In its reply Panda Fireworks admitted that its Internet financing business is not profitable yet and admitted that it could be exposed to losses during the process of shifting the core business from fireworks to Internet financing.

Like Panda, several high-end catering services providers, and alcohol, fine garment and jewelry makers and many other firms have experienced hardships and sharp share price slumps.

In 2014, XE Flavor Group Ltd, the former high-end catering and restaurant company, sold its catering services and dining-related trademarks and became an Internet services and cloud technology firm operating under the name China Science Cloud Technology Group Ltd.

Some companies, on the other hand plan to change their names just to be "in the fashion", by being related to emerging sectors such as the Internet, pharmaceuticals, clean energy and environmental protection, said industry experts.

"Some companies change their names following the name-changing procedures required by the regulators and law after they go through mergers, acquisitions or other forms of structural changes, while others just want to change their skin, to make investors aware that they are in a new domain," said Liu Jie, a stock analyst with Xiangcai Securities.

As many as 55 listed companies plan to change their company names, with at least 30 companies not undergoing any significant change in business structure, according to data provided by financial services provider Wind Information.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 普宁市| 图们市| 雷波县| 如皋市| 巴青县| 拜泉县| 丹巴县| 辽宁省| 滨海县| 汝南县| 金塔县| 通榆县| 泗洪县| 衡南县| 罗甸县| 政和县| 南安市| 吉林市| 乐亭县| 靖远县| 天柱县| 荆门市| 鸡西市| 宕昌县| 桐梓县| 怀化市| 沛县| 井陉县| 绥江县| 长海县| 中江县| 绍兴市| 彩票| 兖州市| 榆社县| 布拖县| 朝阳区| 霍林郭勒市| 岳池县| 大冶市| 高台县|