STOCKS | Baoye Group Says Executive Director Gao Jun Under Mainland Probe

Baoye Group (2355) said its executive director Gao Jun is involved in an investigation by relevant mainland China authorities and has been subject to measures taken in accordance with law. According to Ming Pao, the company said the nature and details of the matter still require further confirmation by the authorities, and the board and management have been unable to contact Gao Jun as of the announcement date despite reasonable inquiries.