Posted inChina

China Huishan Dairy shares plunge 90%, trading halted

Shares in China Huishan Dairy Holdings plunged more than 90% on Friday, wiping around US$4 billion off its market value before trading was halted – its second trading suspension in three months. It was not immediately clear what triggered the slide. In December, US-based short-seller Muddy Waters questioned the firm’s profits and said it had […]

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