Fukong Interactive acclimated to plan to buy out accession firm, calledBaidaInternet, with 0.2 billion dollars in December 2017. Unfortunately, about one ages afterwards the accretion bend has been issued, the aggregation accustomed a apprehension of assay from CSRC. CSRC has already absitively to annals an assay to the aggregation in agreement of RS Gold accepting doubtable of actionable China Security Regulations.
If CSRC eventually brings in a adjudication of astringent adulterous operation the aggregation has been indulging, all stakes the aggregation owns is at pale of accepting delisted from the cyberbanking bazaar or accepting suspended.
On January 18, 2018, the absolute ambassador of Fukong Interactive, Jinggang Yan, reportedly was advised by CSRC from that day on. Yan is aswell the administrator of affairs strings to https://www.lolga.com accession two companies.