---
title: "Shanghai Financial Court Discloses Top Ten Cases"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/253918884.md"
description: "On August 20th, the Shanghai Financial Court and the Shanghai Securities Regulatory Bureau jointly released ten cases involving false statements in securities. These cases include five typical financial trial cases and five administrative regulatory enforcement cases, aimed at providing clear rule guidance for market participants. The cases involve several listed companies, such as KNT, CS, SH ELECTRIC, and companies that have been delisted or removed from the stock exchange, such as delisted FuKong and *ST Ba'an"
datetime: "2025-08-21T05:21:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/253918884.md)
  - [en](https://longbridge.com/en/news/253918884.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/253918884.md)
---

# Shanghai Financial Court Discloses Top Ten Cases

On August 20, the Shanghai Financial Court and the Shanghai Securities Regulatory Bureau jointly released ten cases involving false statements in securities, including five typical financial trial cases and five administrative regulatory enforcement cases, providing clear rules and guidance for market participants. Compared to the announcements and regulatory disclosures, the ten cases mainly involve listed companies such as \*ST KNT, CS, Shanghai Electric, Shanghai Shimao, and Feikai Materials, as well as delisted companies like Delisted Fuxing (delisted), \*ST Ba'an (delisted), and ST Xingyue (already delisted). (Yicai)

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