The Stock Exchange of Hong Kong Limited has imposed a Director Unsuitability Statement and censure against Ms. Wang Yanbo and Mr. Huang Bo, former directors of Xinyuan Property Management Service (Cayman) Ltd., for failing to cooperate with an investigation related to their duties under the Listing Rules. Previously, they were sanctioned for breaches related to notifiable and connected transactions. In a subsequent investigation about pledged time deposits, they again failed to cooperate, leading to the current disciplinary action.
Resources: https://www.hkex.com.hk/News/Regulatory-Announcements/2025/250220news?sc_lang=en
