AstraZeneca's China chief in custody, believes unrelated to insurance probe
AstraZeneca said on Wednesday its China president Leon Wang had been detained by Chinese authorities and, although it did not know the reason, it did not believe it was linked to a large health insurance fraud case involving the company.
AstraZeneca’s Stock Price Takes a Hit as China Chief Investigated for Insurance Fraud
BMO Capital Markets analyst Etzer Darout in a note to investors said the insurance fraud probe represents a “headline risk” to AstraZeneca, but contends that the share selloff is “overdone” and likely a knee-jerk reaction by investors.
AstraZeneca Falls Most Since 2020 as China Probe Fears Mount
AstraZeneca Plc shares plunged in London, erasing about £14 billion ($18 billion) of market value, amid escalating concerns over a Chinese probe into the UK drugmaker.
AstraZeneca: China's investigation into exec separate from medical insurance probe
AstraZeneca said on Wednesday that to its knowledge an ongoing investigation by Chinese authorities into the company's top executive in the country, Leon Wang, is separate from a large health insurance fraud case also involving the company.
Top AstraZeneca Executives Caught in Expanding China Probe, Shares Slide Further
AstraZeneca stock tumbles as Chinese probe widens, implicating executives in insurance fraud and drug import violations
AstraZeneca Says Current, Former Executives Involved in China Probe
Two current and two former senior AstraZeneca Plc executives in the group’s China unit are under investigation in a probe into alleged breaches of laws around drug importation and data privacy, the company said.
Yicai Global5h
US Food and Agriculture Pavilion Signs USD815 Million of Deals on First Day of Opening at CIIE
(Yicai) Nov. 7 -- The American Food and Agricultural Pavilion penned contracts worth USD815 million on its opening day at the 7th China International Import Expo yesterday, a 65 percent jump from last ...
FiercePharma1d
UPDATED: AstraZeneca stock tanks over fears of expanding China fraud probe
AstraZeneca’s stock price dropped by 8.4% during Tuesday’s trading in London after a report fueled fears of a potentially ...
STAT21h
AstraZeneca falls on reports of Chinese probe
Shares of AstraZeneca dropped more than 7% yesterday after the Chinese publication Yicai Global reported that dozens of ...
Yicai Global23h
Global Business Leaders Hail Range of Opportunities at CIIE
The CIIE is a platform for overseas firms to communicate with a whole ecosystem covering the government, the upstream and ...
Chinese authorities probing ‘dozens’ of AstraZeneca executives, Yicai reports
Chinese authorities are investigating dozens of senior AstraZeneca (AZN) China executives amid an ongoing insurance fraud case, Yicai Global ...
Global Times26m
Digital yuan visual hard wallet launched, enabling safer and more convenient payments
as domestic news outlet Yicai reported. "The digital yuan utilizes blockchain technology to provide a unique identifier for each unit, ensuring traceable and secure transactions from issuance to ...
Seeking Alpha on MSN1d
AstraZeneca falls as fraud investigation reportedly expands in China (update)
An insurance fraud investigation linked to AstraZeneca (AZN) expands in China involving dozens of senior executives. Read ...
Yicai Global17h
China Sales Decline for Top Car Multinationals as Local EV Brands Thrive
Foreign carmakers are losing ground in the world's biggest auto market. As the Chinese market for combustion engine vehicles shrinks, local automakers such as BYD, Geely Holding Group, and Li Auto ...