Chinese sportswear distributor and retailer Pou Sheng listed on the Hong Kong exchange in 2008. In January 2017, the company announced that it had terminated its CFO and that its CEO had resigned. It transpired that an internal investigation had uncovered an attempt to inflate sales and lower inventory just prior to the closing of its books. The amounts involved were not material (at less than 1% of sales) and the company appears to have acted in a responsible manner to rectify the issue.

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