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02 Nov
15:13

Chinese regulators investigate Shagang Group

Shagang Group, the largest private steelmaker in eastern China, was visited by investigators from the China Securities Regulatory Commission on Tuesday night. Shagang's listed company issued an announcement stating that its parent company, Shagang Group, was suspected of violating laws and regulations in information disclosure, Kallanish notes. There is no detailed information indicating the reason for the investigation. The share price of Shag…
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