HKEx says to delist China Metal Recycling after fraud charges

December 31, 2015 4:49 AM

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HONG KONG Dec 31 Hong Kong's stock exchange operator said on Thursday it will delist China Metal Recycling Holdings Ltd, following a move in February by the city's financial regulator to force the company into provisional liquidation alleging accounting fraud.

The company, China's self-styled biggest recycler of scrap metal, had obtained its listing by fraudulent means, according to a high court ruling in Hong Kong in March.

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