Chinese Stock Exchange Cracks Down on Blockchain Claims
The Shenzhen Exchange in China has started cracking down on companies using misleading blockchain affiliations to boost their stock prices.
Companies are always on the prowl for any means to boost their stock price. Such efforts can range from cutting costs to creating innovative new products. A recent trend is for companies to jump on board the blockchain bandwagon to provide an instant stock boost. The Shenzhen Exchange in China is having none of this, however, and has star…