# Due Diligence
Latest news and articles about Due Diligence
Total: 2 articles found
Gatekeeper Under Fire: Beijing Regulators Summon Guodu Securities Over Underwriting Failures
Beijing regulators have summoned the executives of Guodu Securities for a formal reprimand after the brokerage failed to verify the authenticity of sales revenue and inventory for bond issuers. The action underscores a tightening of 'gatekeeper' accountability in China's corporate bond market as authorities crack down on due diligence lapses.
Haier’s Fountain of Youth Nightmare: Appliance Giants and Fugitives in China’s High-End Health Scandal
A public legal battle between Haier Group and cosmetic mogul Yu Wenhong has unmasked a network of high-priced 'blood exchange' anti-aging clinics. The investigation reveals that the facility's operator is a former fugitive with a history of fraud, raising serious concerns over Haier's corporate due diligence and the lack of oversight in China's burgeoning concierge medicine industry.