Shenzen Stock Exchange Probes Firm Over Claimed Blockchain Link

[kreslik.news]

China’s Shenzhen Stock Exchange (SZSE) has announced its intentions to crack down on businesses which are attempting to boost their stock prices by mentioning the integration of blockchain technology into their businesses.

In an letter sent Monday to IT services firm Zheijiang Enjoyor Electronics Co. Ltd, SZSE raised concerns regarding a March 16th message on the firm’s WeChat account. In the post, Enjoyor Electronics announced the news of a partnership of an affiliate company with a forensic sciences center in Zhengjiang to issue the world’s first blockchain-based electrical data forensic certificate.

As an aftermath of the announcement, the company’s share prices ... (read more)