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SFC fines UBS HK$375m and suspends its sponsor licence for 1 year
Over the IPOs of China Forestry in 2009 (now delisted), Tianhe Chemicals (1619) in 2014 and a third as-yet unnamed listing application, which is almost certainly China Metal Recycling (Holdings) Ltd, listed in 2009 and ordered in 2015 to be wound up.
- CHINA FORESTRY HOLDINGS CO., LTD.
- China Metal Recycling (Holdings) Limited
- Tianhe Chemicals Group Limited
- UBS AG
- UBS SECURITIES HONG KONG LIMITED