China INSOnline Corp. to Aggressively Combat Naked Short Sales of Company’s Common Stock
PRNewswire, 01 June 2010
China INSOnline Corp. (Nasdaq: CHIO), which operates http://www.soobao.cn , one of China’s leading insurance services web portals, today declares its intention to aggressively combat naked short selling of the Company’s common stock and protect its shareholder’s interests. This is expected to improve stability in the value of its stock and improve long-term investor confidence in the market.
Today the company’s suspicions were confirmed when NASDAQ OMX published the results on the short list under the regulation SHO Threshold Security List. Continue reading “Article: China INSOnline Corp. to Aggressively Combat Naked Short Sales of Company’s Common Stock”
