Strong Petrochemical Holdings Limited (HK:0852) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Strong Petrochemical Holdings Limited is under scrutiny following allegations of asset misappropriation involving its former CFO, Ms. Kwan, and two others. An internal review revealed unauthorized reimbursements and luxury purchases suspected to exceed millions of Hong Kong Dollars. The company has reported the matter to the police and is conducting a thorough audit to address these concerns.
For further insights into HK:0852 stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- ‘Keep On Buying,’ Says Investor About Microsoft Stock
- ‘Priced for Fantasy,’ Says Investor About Tesla Stock
- ‘Remain Skeptical,’ Says Top Investor About AMD Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
