Joincare Pharmaceutical Group. Photo: Handout Joincare Pharmaceutical Group. Photo: Handout
Joincare Pharmaceutical Group. Photo: Handout

A-shares

China’s regulator gets tough on insider trading as it metes out record penalty on wrongdoers in the financial markets

  • Shanghai entrepreneur and his daughter were slapped with a record fine and had their ill-gotten gains confiscated, in a penalty valued at 3.6 billion yuan
  • The couple used their inside information to build a long position in Shanghai-listed Joincare Pharmaceutical Group ahead of the company’s disclosure of a stake sale to units controlled by two of China’s best known investors

Topic |   A-shares
Joincare Pharmaceutical Group. Photo: Handout Joincare Pharmaceutical Group. Photo: Handout
Joincare Pharmaceutical Group. Photo: Handout
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