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After the CFO was investigated by police, SOHO China responded that it had temporarily transferred its responsibilities to its chief financial officer

via:凤凰网     time:2022/7/7 16:00:41     readed:95

A clarification on SOHO China confirmed rumors that the company's chief financial officer was under police investigation.

On July 7, SOHO China announced that it was aware ni Was under investigation for suspected insider trading of the company's shares. "None of the company's directors or other senior officers were aware of the alleged insider trading and are not under investigation."

SOHO China said that as a result of the investigation, Ms Ni was no longer able to perform her duties as chief financial officer until the investigation was completed. The company has temporarily handed over her responsibilities to the company's finance director.

Ni Kuiyang, chief financial officer of SOHO(China), has been detained by police for insider trading, and several of the company's senior executives have also been investigated, according to Internet users.

Before the rumors were confirmed, the Global Times quoted a source with knowledge of the matter as saying that the news that the CHIEF financial officer of SOHO(China) was being investigated by police for alleged insider trading was not unfounded.

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