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)