in Nanyang. According to the four-year financial report of the Negbao Global was inaccurate; the China Securities Regulatory Commission accused Shen Negbao of harming public interests.
The Securities Commission of Malaysia (SC) issued a public notice today, stating that the continued appointment of founder and CEO Shen Hangbao of Hangbao Global (HBGLOB, 5187, the main consumer shares of the board) as CEO of the company would harm the public interest.