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MarketScreener Homepage  >  Equities  >  SHENZHEN STOCK EXCHANGE  >  Visual China Group Co.,Ltd.    000681   CNE000000BW8

VISUAL CHINA GROUP CO.,LTD.

(000681)
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Visual China fined over false photo copyright claims

04/18/2019 | 11:01am EST

SINGAPORE (Reuters) - Visual China Group Co Ltd, the largest Chinese stock images provider, said on Thursday that a subsidiary has been fined by internet authorities, days after it falsely claimed copyright of prominent images.

Internet authorities in China's Tianjin city slapped a fine of 300,000 yuan ($44,720) on the company for violating the country's cyber security laws, Visual China said in a filing to the Shenzhen stock exchange.

On Friday, Visual China, which partners with U.S. photo agency Getty Images, shut its website and apologised after it falsely claimed copyright of images such as the first photo of a black hole and China's national flag. The news had caused its shares to slump by the maximum 10 percent daily limit.

On Thursday, its shares closed 4.4 percent lower, lagging the performance of broader Chinese stock indices.

(Reporting by Lee Chyen Yee in Singapore; Editing by Susan Fenton)


© Reuters 2019
Stocks mentioned in the article
ChangeLast1st jan.
JUST GROUP PLC -3.57% 58 Delayed Quote.-26.58%
SHENZHEN STOCK EXCHANGE A SHARE INDEX -1.74% 2359.2331 Real-time Quote.30.90%
US DOLLAR / CHINESE YUAN RENMINBI (USD/CNY) -0.15% 6.5665 Delayed Quote.-5.41%
VISUAL CHINA GROUP CO.,LTD. 0.00% 16.08 End-of-day quote.-6.73%
WILL GROUP, INC. 1.02% 990 End-of-day quote.-20.93%
All news about VISUAL CHINA GROUP CO.,LTD.
2019Visual China Group, Imaginechina suspend websites after Chinese regulator fin..
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2019Visual China fined over false photo copyright claims
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2019Furore over 'black hole' photo forces China's largest image provider to shut
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2016Visual China expands photo archive, to invest $100 million in Getty Images
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2016Visual China buys Corbis Entertainment
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2016VISUAL CHINA : Affiliate of Visual China Group Acquires Assets of Corbis Images
BU
More news
Financials
Sales 2020 728 M 111 M 111 M
Net income 2020 231 M 35,1 M 35,1 M
Net Debt 2020 - - -
P/E ratio 2020 48,7x
Yield 2020 0,22%
Capitalization 11 265 M 1 713 M 1 713 M
Capi. / Sales 2020 15,5x
Capi. / Sales 2021 11,9x
Nbr of Employees 521
Free-Float 46,4%
Chart VISUAL CHINA GROUP CO.,LTD.
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Visual China Group Co.,Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VISUAL CHINA GROUP CO.,LTD.
Short TermMid-TermLong Term
TrendsBullishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Average target price 20,13 CNY
Last Close Price 16,08 CNY
Spread / Highest target 25,9%
Spread / Average Target 25,2%
Spread / Lowest Target 24,4%
EPS Revisions
Managers
NameTitle
Jun Liang President & Director
Jie Liao Chairman
Ji Jun Chai Director & Vice President
Hua Su Member-Supervisory Board
Si Yuan Wu Vice Chairman
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