investigation Archives

Hong Kong-Based Crypto Exchange Bitcoke Suspends Withdrawals Due to Investigation of Financial Officer

BitCoke, a Hong Kong-based crypto exchange, suspended withdrawals from 13:00 on November 13 local time due to a police investigation into its financial officer.

Apple Supplier Luxshare Precision Discloses US Investigation Findings

Luxshare Precision, a consumer electronics manufacturer, announced on September 13 that the United States International Trade Commission's investigation into the company has been closed without any material impact on the company's production and operations.

Crypto Trading Platform Hotbit Halts Services Amid Investigation of Former Employee

Cryptocurrency trading platform Hotbit announced on August 10 that it would suspend trading, deposits, withdrawals and funding functions, without specifying the exact time of their resumption.

Vivo China Responds to Investigation of Local Division by Indian Enforcement Directorate

On the morning of July 6, a vivo spokesman stated: "As a responsible company, vivo strictly complies with all local laws and regulations in India."

SOHO China CFO Investigated for Alleged Insider Trading

Ni Kuiyang, Chief Financial Officer of Chinese property developer SOHO China, was probed by police for investigation on suspicion of insider trading.

China Responds to India’s Investigation of ZTE and Vivo

After taking measures against Xiaomi, India has reportedly expanded its investigation to ZTE and vivo. Foreign Ministry Spokesperson Zhao Lijian said that the Chinese government is paying close attention to this matter.

Kuaishou Denies Chairman Su Hua Under Investigation

In response to a report on Monday that Su Hua, chairman of Chinese short video platform Kuaishou, was taken away by Chinese authorities for investigation at the end of April, Kuaishou issued a statement on Monday denying the rumor.

Indian Authorities Seize $725M From Xiaomi’s Local Unit Over Illegal Remittances

The Enforcement Directorate, India's financial investigation agency, on Saturday seized $725 million from Xiaomi Technology India Pvt., accusing it of breaking the country’s foreign exchange laws by making illegal remittances abroad.

Former President of China Merchants Bank Under Investigation

Chinese authorities are investigating former President of China Merchants Bank (CMB) Tian Huiyu for suspected violations, just days after removing him from the bank.

Luckin Coffee with 43 Other Involved Companies Fined $9M After Investigation

The State Administration for Market Regulation announced on Tuesday morning that it has fined two Luckin entities and 43 third-party companies a combined 61 million yuan (around $9 million).

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