Wangfujing Department Store controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2020
Wangfujing responds to insider-trading allegations
Company response
After questions about possible insider trading arose amid a sharp rise in Wangfujing’s share price before the company disclosed that it had received a duty-free business qualification, Wangfujing said its review found that insiders aware of the business had not violated confidentiality obligations or other relevant laws and regulations. The article reports the company’s response, not a determination that insider trading occurred.
Company response
Clarification — 王府井集团
经核实，公司知悉该项业务的内幕知情人没有违反保密义务行为，也没有其他违反有关法律法规的情形。
Source excerpt
而在6月9日晚间正式公告获得免税牌照之前，王府井集团股票已经暴涨122％，由此引发内幕交易的质疑。
6月10日晚间，王府井发布关于公司股票异常波动的公告，称公司知悉该项业务的内幕知情人没有违反保密义务行为，也没有其他违反有关法律法规的情形。
2019