In China, such as new survey nearly end if new shares rose 18%
by:Lisson
2020-11-27
Such as new enterprise group company has agreed to pay fines to Chinese regulators, shows that China survey of its sales behavior may be drawing to a close, such as new shares this news made the biggest gain of nearly eight months.
Such as the new company issued a statement yesterday, because of the super product range engaged in direct sales, exaggerated product claims and other irregularities, by Chinese regulators fined $.
Two months ago, the Chinese government announced an investigation into such as new.
As the new six employees also because engaged in unauthorized was punished for promotion.
Thousands of dollars.
Provoked the optimism of the market, think such as new operating in China will return to normal state, such as new markets in New York's share price soared %, per share.
The dollar.
Stifel nicolaus
有限公司
Analyst mark & #;
Astra han said in a report, the fine may indicate such as 'new will return to normal market activity'.
As new shares rose to become the biggest one-day gain since years.
This year, after China announced an investigation into the month as new shares tumbled %.
China market research group, an analyst at the & #;
Calvin, said: 'if new wait for a few months, to find out how the government will exert the punishment.
During that time, such as the new share price is affected, the fear is that as the new face fines for, or China will ban the sales activities.
But I think that given such as the new financial situation, the Chinese side of the penalty is not much.
'The & #;
Calvin, points out that the Chinese regulatory penalties for all China's direct selling company is a wake-up call.
Direct selling companies need to ensure that their employees well trained, avoid the problem of illegal behavior.
Since years, China's direct selling industry has expanded the size of more than doubled, rose to one hundred million yuan.
Currently occupying the leading problems, amway master % share of the market, was fourth and like new, and market share.
%。
Editor: huang rui
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