💻 Technology 1d ago · Shrishti Bisht

Stockal’s US Trading Row: Missing Consent, A Chinese Microcap, And Unanswered Questions

Inc42
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Stockal’s US Trading Row: Missing Consent, A Chinese Microcap, And Unanswered Questions
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Indian investors who held Apple, Amazon, Tesla, and NVIDIA, shares allege they logged into their Stockal accounts to find those investments replaced with shares of a thinly traded Chinese microcap.

Nearly 30 investors say their portfolios were altered without consent on October 15. Their established US stock holdings were allegedly liquidated and the proceeds used to buy Nasdaq-listed Zhibao Technology shares.

One investor told Moneycontrol that securities worth $3.1 Mn, or around ₹29 Cr, we

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