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HK regulator sues 2 banks, KPMG over China Forestry IPO

Published Wed, Jan 18, 2017 · 09:50 PM
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Hong Kong

HONG Kong's securities regulator has filed a lawsuit against Standard Chartered Plc, UBS Group AG and audit firm KPMG LLP over an initial public offering by China Forestry Holdings Co in 2009.

The Securities and Futures Commission is seeki…

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