Posted inChina

Banks freeze assets of Jiangsu Protruly 

Jiangsu Protruly Visual Technology Group (600074.CH), an electronic visual company in China that also manufactures mobile phones, said on Sunday that HSBC Shenzhen had frozen 72.78 million yuan (US$11.16 million) in assets that the company had raised and deposited at Ping An Bank’s Shenzhen branch, reported on Monday. Ping An Bank later froze US$26.53 million […]

%d bloggers like this: