Exchange to Investigate Another Chinese Stock Over Blockchain Claims

China’s Shenzhen Stock Exchange (SZSE) is investigating the second public company within a week over a claimed blockchain partnership. The SZSE is requiring a healthcare device maker called Lifesense to provide details over its announcement that it will partner with a blockchain startup to launch a research lab, purportedly aimed to boost blockchain adoption in the healthcare sector.

The probe came just a day after a report that the SZSE had ordered another public company to submit evidence to prove a blockchain trial completion claim. The repeated investigations signal increasing efforts from the country’s stock exchanges to crack down on potentially misleading claims over blockchain connections.

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