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Censure of China Bright Culture (1859) and Mr Liu Mu; criticism of Mr Xia Rui

SEHK, 21-Nov-2022

For diverting most of the IPO proceeds into a promissory note arranged by AMTD Global Markets Ltd, which was a Joint Global Coordinator of the IPO. The note was issued by L.R. Capital Property Investment Ltd, which was "affiliated" with AMTD, although the Exchange doesn't say how.



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