Former Neo-China Executive Faces ICAC Charges; Shanghai Industrial Urban Development Group Clarifies No Current Involvement

Reuters

Jul 30

Former Neo-China Executive Faces ICAC Charges; <a href="https://laohu8.com/S/SGHIF">Shanghai Industrial</a> Urban Development Group Clarifies No Current Involvement

Shanghai Industrial Urban Development Group Ltd. has issued a voluntary announcement regarding a regulatory issue involving a former executive director and chairman of Neo-China Land Group (Holdings) Limited. The Independent Commission Against Corruption (ICAC) of Hong Kong charged the individual with alleged wrongdoing related to events that took place between November 2003 and July 2007. The individual has surrendered to the authorities. Shanghai Industrial Holdings Limited, which acquired a significant stake in Neo-China in 2010, stresses that the current board and management have no connection to the accused and that the case should not materially affect the Group. The board maintains the company's operations remain unaffected by the allegations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shanghai Industrial Urban Development Group Ltd. published the original content used to generate this news brief on July 30, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2555806282"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2555806282\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2555806282?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-30 06:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2555806282","market":"nz","top_or_hot":-1,"title":"Former Neo-China Executive Faces ICAC Charges; Shanghai Industrial Urban Development Group Clarifies No Current Involvement","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Former Neo-China Executive Faces ICAC Charges; <a href=\"https://laohu8.com/S/SGHIF\">Shanghai Industrial</a> Urban Development Group Clarifies No Current Involvement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/SIUDF\">Shanghai Industrial Urban Development Group Ltd.</a> has issued a voluntary announcement regarding a regulatory issue involving a former executive director and chairman of Neo-China Land Group (Holdings) Limited. The Independent Commission Against Corruption (ICAC) of <a href=\"https://laohu8.com/S/HKRHF\">Hong Kong</a> charged the individual with alleged wrongdoing related to events that took place between November 2003 and July 2007. The individual has surrendered to the authorities. <a href=\"https://laohu8.com/S/SGHIY\">Shanghai Industrial</a> Holdings Limited, which acquired a significant stake in Neo-China in 2010, stresses that the current board and management have no connection to the accused and that the case should not materially affect the Group. The board maintains the company's operations remain unaffected by the allegations.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/600748\">Shanghai Industrial</a> Urban Development Group Ltd. published the original content used to generate this news brief on July 30, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Former Neo-China Executive Faces ICAC Charges; Shanghai Industrial Urban Development Group Clarifies No Current Involvement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFormer Neo-China Executive Faces ICAC Charges; Shanghai Industrial Urban Development Group Clarifies No Current Involvement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-30 06:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Former Neo-China Executive Faces ICAC Charges; <a href=\"https://laohu8.com/S/SGHIF\">Shanghai Industrial</a> Urban Development Group Clarifies No Current Involvement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/SIUDF\">Shanghai Industrial Urban Development Group Ltd.</a> has issued a voluntary announcement regarding a regulatory issue involving a former executive director and chairman of Neo-China Land Group (Holdings) Limited. The Independent Commission Against Corruption (ICAC) of <a href=\"https://laohu8.com/S/HKRHF\">Hong Kong</a> charged the individual with alleged wrongdoing related to events that took place between November 2003 and July 2007. The individual has surrendered to the authorities. <a href=\"https://laohu8.com/S/SGHIY\">Shanghai Industrial</a> Holdings Limited, which acquired a significant stake in Neo-China in 2010, stresses that the current board and management have no connection to the accused and that the case should not materially affect the Group. The board maintains the company's operations remain unaffected by the allegations.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/600748\">Shanghai Industrial</a> Urban Development Group Ltd. published the original content used to generate this news brief on July 30, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00363","symbol_name":"上海实业控股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250729:nNDL7TK6np:1","article_id":"2555806282","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555806282","pubTimestamp":1753827827,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Shanghai Industrial Urban Development Group Ltd. has issued a voluntary announcement regarding a regulatory issue involving a former executive director and chairman of Neo-China Land Group  Limited. The Independent Commission Against Corruption  of Hong Kong charged the individual with alleged wrongdoing related to events that took place between November 2003 and July 2007. The individual has surrendered to the authorities. Shanghai Industrial Holdings Limited, which acquired a significant stake in Neo-China in 2010, stresses that the current board and management have no connection to the accused and that the case should not materially affect the Group. The board maintains the company's operations remain unaffected by the allegations.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpre","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00363":"上海实业控股","BK1240":"房地产开发","00563":"上实城市开发","BK1230":"工业集团企业"},"translate_title":"前新中国高管面临ICAC指控；上海实业城市发展集团澄清目前没有参与","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00363":0.9,"00563":0.9},"content_text":"Former Neo-China Executive Faces ICAC Charges; Shanghai Industrial Urban Development Group Clarifies No Current Involvement\n    \n\nShanghai Industrial Urban Development Group Ltd. has issued a voluntary announcement regarding a regulatory issue involving a former executive director and chairman of Neo-China Land Group (Holdings) Limited. The Independent Commission Against Corruption (ICAC) of Hong Kong charged the individual with alleged wrongdoing related to events that took place between November 2003 and July 2007. The individual has surrendered to the authorities. Shanghai Industrial Holdings Limited, which acquired a significant stake in Neo-China in 2010, stresses that the current board and management have no connection to the accused and that the case should not materially affect the Group. The board maintains the company's operations remain unaffected by the allegations.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shanghai Industrial Urban Development Group Ltd. published the original content used to generate this news brief on July 30, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}