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Caixin Global
Caixin Global
Business
Guo Yingzhe

Chinese Mechanical-Equipment Maker Says Its Chair Faces Insider-Trading Probe

What’s new: Chinese mechanical-equipment maker Guangzhou Haozhi Industrial Co. Ltd. (300503.SZ) said its Chairman Tang Lijun is being investigated for insider trading by the national securities regulator, according to a Tuesday exchange filing.

Its Shenzhen stock price plunged 15.72% to 9.06 yuan ($1.27) apiece on Wednesday.

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