The brokerage’s shares have risen 23 per cent in Shanghai this year, beating an 18 per cent gain on the Shanghai Composite Index. Photo: AP
Central China Securities shares plunge in Shanghai and Hong Kong as asset management products face default risks
- Shares of the brokerage caps the biggest decline in two months in Shanghai
- Two of the brokerage’s asset-management products worth US$35 million are in danger of defaulting on payments to investors
Topic |
Financial regulation
The brokerage’s shares have risen 23 per cent in Shanghai this year, beating an 18 per cent gain on the Shanghai Composite Index. Photo: AP