# Shenzhen Stock Exchange
Latest news and articles about Shenzhen Stock Exchange
Total: 2 articles found
Chairman of ‘Metaverse’ Concept Stock Placed Under Supervisory Retention, Raising Governance and Investor Risks
Fushi Holdings said its chairman and majority controller, Chen Yongliang, was placed under retention by a national supervisory commission on February 1, without the company being asked to assist the probe. The development heightens investor and governance risks for the loss-making firm and highlights broader regulatory scrutiny of speculative “metaverse” concept stocks in China.
Speculative Frenzy Sends Fenglong Shares to 17-Day 'Limit-Up' Streak as Company Flags Market Risk
Fenglong's stock reached 90.48 yuan on January 22, marking a 17-day streak of daily limit-up moves despite the company denying any planned asset injection or restructuring involving robotics firm Ubtech. The issuer warned the share price had detached from fundamentals and flagged high trading risk, saying it might seek a trading suspension for investigation if abnormal rises continue.