Vipshop - Asia Tech Wire

Vipshop

2021.10.13

03:12

Goldman,Morgan Stanley sued by Vipshop investors over Archegos-tied stock sales

Asian Tech Press (Oct 13)-- The Goldman Sachs Group, Inc. and Morgan Stanley are reportedly being sued by shareholders of Vipshop Holdings Ltd (VIPS: NYSE), a Chinese e-commerce company, for alleged insider trading in sales of Vipshop shares during Archegos Capital Management's blowout.

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Tencent Holdings repurchased 3.93 million shares for HK$1.5 billion on January 7
                            2025-01-07

                                    Ireland recorded a 12.8 billion euro fiscal surplus last year due to the "Apple tax" ruling
                            2025-01-07

                                    Ministry of Industry and Information Technology: Promoting technical verification of 10G optical network and artificial intelligence integration
                            2025-01-07

                                    Tencent's major shareholder Prosus reduced its stake in Tencent Holdings from 24.01% to 23.99% on January 6.
                            2025-01-07

                                    U.S. chip stocks rose before the market opened, with Nvidia up 0.6%
                            2025-01-07