http://www.chinapost.com.tw/print/439337.htm

Taiwanese ‘Wolf of Wall Street’ nabbed for alleged fraud
Saturday, June 27, 2015
CNA

TAIPEI–Lo Hsu-liang (羅栩亮), head of Taoyuan-based biotech product supplier Zodic Light World Technology Inc. (兆良科技) was arrested Friday morning immediately upon returning to Taiwan from abroad. Lo sold shares of Zodic to investors to rake in about NT$1 billion (US$32.26 million) after allegedly disseminating false information about the prospects of his company. Continue reading →

http://www.reuters.com/article/2015/06/19/classaction-china-trial-idUSL1N0Z51X320150619

Ex-CFO of China’s Longtop to pay $2.3 mln in U.S. investor lawsuit

Nate Raymond

20 June 2015

Reuters News

NEW YORK, June 19 (Reuters) – The former chief financial officer of Chinese technology company Longtop Financial Technologies has agreed to pay $2.3 million after a U.S. jury found that he acted recklessly in making untrue statements or omitting facts about the firm. The settlement with former CFO Derek Palaschuk was disclosed in papers filed in Manhattan federal court on Friday, seven months after the jury delivered its verdict in a rare securities class action trial. Neither a lawyer for Palaschuk nor the plaintiffs’ attorneys responded to requests for comment. The lawsuit, filed in 2011, was one of several cases launched around that time amid accounting scandals at Chinese companies trading on U.S. stock exchanges. When the New York Stock Exchange halted trading in Longtop in May 2011, the Xiamen-based company had a $1.08 billion market value. Days later, Longtop’s auditor, Deloitte Touche Tohmatsu CPA Ltd, resigned, citing “recently identified falsity” in the company’s financial records. Palaschuk, who had joined Longtop in 2006, tendered his resignation the same day. Before resigning, Palaschuk spoke with Longtop Chief Executive Officer Weizhou Lian. In an email presented at trial that talked about the call, Palaschuk said Lian “informed me the company had been a fraud since 2004”. In the lawsuit, lawyers for Longtop investors contended that Palaschuk missed “red flags” pointing to the fraud, but Palaschuck denied wrongdoing. Continue reading →

http://www.forbes.com/sites/johnkoppisch/2013/04/24/cashing-in-on-pop-culture/print/

http://www.koreaherald.com/view.php?ud=20140214001178

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2994782&cloc=joongangdaily|home|newslist1

http://www.koreatimes.co.kr/www/news/opinon/2015/04/351_171136.html

John KoppischForbes Staff

FORBES ASIA 4/24/2013 @ 5:50PM 7,447 views

Cashing in on Pop Culture

If 2012 was the year the Korean Wave came ashore around the world, then certainly Lee Jay-Hyun made one of the biggest splashes. His CJ Group is big in Korean entertainment, and at a time when Korean movies and K-pop songs seem to be everywhere, that has helped goose the stock price. Lee’s wealth jumped 70%, to $1.7 billion, over the past year, riding an 84% leap in holding company CJ Corp.’s stock price. He moved up to No. 10 on the list, from No. 22 a year ago.

CJ was a darling of investors looking for a safe domestic play in an uncertain year for the customary locomotives of the Korean stock market, the big manufacturing exporters. Continue reading →

http://economictimes.indiatimes.com/news/economy/policy/ministry-of-corporate-affairs-to-notify-threshold-and-rules-for-flagging-corporate-frauds/articleshow/47777835.cms

Ministry of corporate affairs to notify threshold and rules for flagging corporate frauds

Rajat Arora

24 June 2015

The Economic Times

NEW DELHI: Auditors of companies may soon be required to alert the authorities in case of any fraud involving a sum of at least Rs 1 crore or 10% of a company’s turnover. This mandatory reporting is part of an early warning system being put in place by the government to prevent recurrence of a Satyamlike accounting scam. Continue reading →

http://www.yicai.com/news/2015/06/4634260.html

http://www.yicai.com/news/2015/06/4634422.html

刘姝威“盯上”乐视网 蓝田事件重现江湖？

一财网 黄思瑜 2015-06-18 22:40:00

十几年前因揭露蓝田造假走红的中央财经大学中国企业研究中心主任刘姝威，如今因炮轰乐视网(300104.SZ)再次走入公众的视野。

十几年前因揭露蓝田造假走红的中央财经大学中国企业研究中心主任刘姝威，如今因炮轰乐视网(300104.SZ)再次走入公众的视野。

刘姝威因6月17日在其微博中发表《严格控制上市公司实际控制人减持套现》一文，其中提及乐视网实际控制人贾跃亭减持套现，引发争议。刘姝威对此称，会认真分析研究，将在下周三(6月24日)发表关于乐视网的分析报告，其分析报告完全依据乐视网公布的定期报告和公告，不会依据其他内容。

在刘姝威看来，贾跃亭在3天之内连续两次合计减持约3524.03万股，套现金额合计约25亿元，意味着乐视网的持续经营状况出现了问题。 Continue reading →

http://www.yicai.com/news/2015/06/4634188.html

牛市信披乱象遇最严监管 多只停牌股遭立案调查

一财网 张婧熠 2015-06-18 20:04:00

进入6月，多只停牌中的股票因涉嫌信息披露违规而被立案调查，其中多数停牌前一交易日涨停，在严厉查处信披违法违规等的监管趋势下，疯炒停牌预期忽然变得“不靠谱”起来

牛市行情运行已久，引发各路资本躁动。听消息买股票这一风气仍难禁止，部分上市公司也乐得在炒预期中享股价大涨的红利。更有甚者，屡屡推波助澜、以身试法，不断挑战监管底限。今年以来，伴随证监会法网专项行动的开展推进，企图侥幸过关的违规内幕正逐一被揭开。

进入6月，多只停牌中的股票因涉嫌信息披露违规而被立案调查，其中多数停牌前一交易日涨停。此前一路大涨的金亚科技本月也因被立案调查，但在被调查公告发布前，该股盘中出现“诡异”涨停，市场质疑实为掩护资金出逃。因被调查，金亚科技(300028.SZ)上周暂时撤回5月28日才递交的重大资产重组申请文件。 Continue reading →

http://www.yicai.com/news/2015/05/4625512.html

愿者上钩？ 谨防高价股“故事”变“事故”

一财网 王娟娟 2015-05-31 23:21:00

靠讲概念故事造梦，博市场眼球吸引资金，股价“飞天”，最后少数人获利了结，多数人最后站在高岗。

“无故事不股市”——这是A股多年来留给市场的印象，靠讲概念故事造梦，博市场眼球吸引资金，股价“飞天”，最后少数人获利了结，多数人最后站在高岗。

当前牛市氛围下尤其如此，这已经引发监管层“特别关注”。证监会日前就宣布将查办12起异常交易案件，剑指市场操纵。虽未点出案件主题，但证监会上市部副主任沙雁30日在一活动上进一步称，这些案件主要是涉及日常交易，其中也有案件是涉及编题材、讲故事来操纵股价，协同内外联手操纵股价也是有的。 Continue reading →

http://www.yicai.com/news/2015/06/4634258.html

有股价无业绩 涉矿企业“一地鸡毛”

一财网 黄思瑜 2015-06-18 22:39:00

2010年下半年以来，牛股不断从涉矿题材中涌出，高烧退后不少上市公司选择撤离，至如今还存的部分涉矿上市公司仍存有股价没业绩的悲哀。

“涉矿”概念一度为A股的金手指。2010年下半年以来，牛股不断从涉矿题材中涌出，高烧退后不少上市公司选择撤离，至如今还存的部分涉矿上市公司仍存有股价没业绩的悲哀。

涉矿4年多仍扭亏乏力的中润资源(000506.SZ)，近期宣布拟募资百亿元收购3家海外矿企。该公司自6月3日复牌后股价连拉9个涨停板，这与2010年底刚涉矿时股价大涨有所相似。与股价形成鲜明对比的是，涉矿给该公司带来的业绩却没有达到预期效果。

而在A股市场上，这样的案例普遍存在。 Continue reading →

http://www.yicai.com/news/2015/05/4625486.html

伪市值管理引监管层关注 证监会加强专项执法

一财网 郭璐庆 2015-05-31 22:34:00

证监会上市部副主任沙雁周六表示，一些上市公司打着市值管理的旗号从事涉嫌虚假陈述、内幕交易、操纵市场的行为对中小股东造成很大的损害，也挑战了监管底线，同时也有个别案件是涉及编题材、讲故事来操纵股价，协同内外联手操纵股价

以市值管理为名，操纵股价扰乱市场的行为，证监会正加强监管并施与重手治理。

5月30日，北京一个上市公司高峰论坛上，证监会上市部副主任沙雁提到，一些上市公司打着市值管理的旗号从事涉嫌虚假陈述、内幕交易、操纵市场的行为对中小股东造成很大的损害，也挑战了监管底线，同时也有个别案件是涉及编题材、讲故事来操纵股价，协同内外联手操纵股价。

此前，证监会披露了六类市场操纵行为涉及12起异常交易类案件，其中即包括制造、利用信息优势，多个主体或机构联合操纵股价以及在公募和私募等不同资管产品及其他主体之间通过价格操纵，输送不当利益。

华南一位公募基金经理对《第一财经日报》记者坦言，创业板目前的状态类似于“赌场”，类似汇添富等集中持股的现象也在一定程度上带上“赌博”性质。 Continue reading →