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Longtop's CFO Quits As Chinese Software Company's Auditor Resigns
May 24, 2011In the middle of flak concerning alleged securities fraud, Chinese financial services software firm Longtop Financial Technologies Limited announced that its chief financial officer, Derek Palaschuk, who was previously CFO at Chinese Internet firms Sohu.com and eLong.com, has resigned.
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Renren.com's Pre-IPO Problems May Not Move China Investors To Run Run
May 3, 2011In China all media is social, so Chinese Internet social media and social networking website Renren.com's initial public offering planned in a few hours should be smooth sailing. However, the departure of a company director over the weekend and recent inconsistencies in its statistics have caused concern for investors.
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Chinese Social Media Site Renren.com Files For IPO
April 18, 2011Chinese social networking site Renren.com filed plans to sell up to nearly USD675 million worth of shares in an initial public offering in the United States this year.
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Software Firm Benefits In Chinese Financial Services Sector
August 18, 2010Chinese financial services software firm Longtop Financial Technologies Limited announced its unaudited financial results for the quarter ended June 30, 2010, which is the first quarter of its fiscal year ending March 31, 2011.
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Longtop Posts Increasing Revenue In China
November 17, 2009Chinese financial services software firm Longtop Financial Technologies Limited announced its unaudited financial results for the quarter ended September 30, 2009, which is the second quarter of its fiscal year ending March 31, 2010, and showed increases in both revenue and profit.
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Longtop Ups Revenue In Chinese Financial Services Software Sector
August 19, 2009Chinese financial services software company Longtop Financial Technologies Limited announced its unaudited financial results for the quarter ended June 30, 2009.
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Longtop Posts Increased Software Revenue In China
May 28, 2009Chinese financial services software provider Longtop Financial Technologies Limited has reported its unaudited financial results for the fiscal fourth quarter and fiscal year ended March 31, 2009.
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