• Reuters

    Hong Kong police arrest 12 in stock manipulation scheme

    Hong Kong police have arrested 12 people for running a stock manipulation scheme that duped investors on social media into buying shares at inflated prices before the stock was dumped, authorities said on Friday. Raids across Hong Kong this week in a joint investigation by police and the Securities and Futures Commission (SFC) led to the arrests, although no formal charges have yet been made, and the freezing of assets of up to HK$900 million. "Our estimate is there is a large number of victims but many of those victims might not want to come forward because they might feel embarrassed about being duped in this way," Ashley Alder, the chief executive of SFC, told a news conference.

  • GlobeNewswire

    Surplus for Swedish central government in February 2021

    Surplus for Swedish central government in February 2021 Swedish central government payments resulted in a surplus of SEK 47.3 billion in February. The Debt Office's forecast was a surplus of SEK 53.1 billion. The lower surplus than expected is explained by delayed payments due to technical problems at a framework agreement bank. The primary balance was SEK 7.8 billion lower than forecasted. Tax income were approximately SEK 1 billion lower than calculated. However, since tax incomes for SEK 21 billion that should have been paid to the Debt Office on the last banking day of the month were delayed due to technical problems at a framework agreement bank, this amount does not affect the budget balance for February but for March. Central government expenditure was approximately SEK 14 billion lower than forecasted, mainly due to lower payments from the National Board of Health and Welfare, the Swedish International Development Cooperation Agency and the Legal, Financial and Administrative Services Agency. The Debt Office’s net lending to government agencies etc. were SEK 1.9 billion lower than forecasted. Interest payments on central government debt were in line with the forecast. For the twelve-month period up to the end of February 2021, central government payments resulted in a deficit of SEK 221.4 billion. Central government debt amounted to SEK 1 222 billion at the end of February. The outcome for March 2021 will be published on 9 April at 9.30 a.m. New forecasts for 2021 and 2022 will be published on 27 May at 9.30 a.m. Contact Press Secretary, +46 (0)8 613 47 01 Budget balance and central government net borrowing requirement1 (SEK million) Outcome February Forecast February Deviation February Acc. Deviation2 Outcome 12-month Budget balance 47 322 53 101 -5 780 -5 780 -221 390 Net borrowing requirement1 -47 322 -53 101 5 780 5 780 221 390 Primary balance3 -16 737 -24 577 7 841 7 841 207 327 Net lending to agencies etc.4 -28 514 -26 585 -1 929 -1 929 -883 Interest payments on central government debt -2 071 -1 938 -132 -132 14 946 - Interest on loans in SEK -1 609 -1 582 -27 -27 14 367 - Interest on loans in foreign currency -60 -51 -9 -9 -885 - Realised currency gains and losses -401 -305 -97 -97 1 463 1 The net borrowing requirement corresponds to the budget balance with opposite sign. 2 Sum of monthly forecast deviations since last forecast. 3 Net of the state's primary expenditure and income. 4 The net of government agencies etc. deposits and loans in the state’s internal bank. The net lending includes both current government operations and temporary occurrences which can be decided on short notice. The net lending affects the net borrowing requirement and central government debt, but are not covered by the Central government expenditure ceiling. More data on the borrowing requirement and government debt: https://www.riksgalden.se/en/statistics/statistics-on-central-government-borrowing/ The monthly outcome of the central government net borrowing requirement is included in the official statistics of Sweden. The Debt Office published their latest forecast on the Swedish economy and central government borrowing on 24 February: Forecast and analysis 2021:1 Attachment Report: Sweden's Central Government Debt February 2021

  • GlobeNewswire

    Harvia Plc: Managers' transactions

    HARVIA PLC STOCK EXCHANGE RELEASE 4 MARCH 2021 AT 10.30 A.M. EET Harvia Oyj - Managers' Transactions____________________________________________ Person subject to the notification requirementName: Markus WörmansederPosition: Other senior managerIssuer: Harvia OyjLEI: 7437002ULTBOWQQOXL69 Notification type: INITIAL NOTIFICATIONReference number: 7437002ULTBOWQQOXL69_20210305091744_5____________________________________________ Transaction date: 2021-03-04Venue: NASDAQ HELSINKI LTD (XHEL)Instrument type: SHAREISIN: FI4000306873Nature of the transaction: ACQUISITION Transaction details(1): Volume: 200 Unit price: 28.7 EUR(2): Volume: 44 Unit price: 28.7 EUR(3): Volume: 37 Unit price: 28.7 EUR(4): Volume: 63 Unit price: 28.7 EUR(5): Volume: 35 Unit price: 28.7 EUR(6): Volume: 76 Unit price: 28.7 EUR(7): Volume: 95 Unit price: 28.7 EUR(8): Volume: 104 Unit price: 28.7 EUR(9): Volume: 108 Unit price: 28.7 EUR(10): Volume: 213 Unit price: 28.7 EUR(11): Volume: 25 Unit price: 28.7 EUR Aggregated transactions(11): Volume: 1,000 Volume weighted average price: 28.7 EUR Additional information: Ari Vesterinen, CFOtel. +358 40 5050 440ari.vesterinen@harvia.fi Harvia is one of the leading companies operating in the sauna and spa market globally, as measured by revenue. Harvia’s brands and product portfolio are well known in the market, and the company’s comprehensive product portfolio strives to meet the needs of the international sauna and spa market of both private and professional customers. Harvia’s revenue totaled EUR 109.1 million in 2020. Harvia Group employs more than 600 professionals in Finland, China and Hong Kong, Romania, Austria, United States, Germany, Estonia and Russia. The company is headquartered in Muurame, Finland, adjacent to its largest sauna and sauna component manufacturing facility. Read more: https://harviagroup.com