A sharp sell-off in Sanan Optoelectronics on Wednesday underscores the cautious mood among investors in Shanghai. Pedestrians walk past a statue of a bull in Beijing on November 8, 2017. Photo: AP
A sharp sell-off in Sanan Optoelectronics on Wednesday underscores the cautious mood among investors in Shanghai. Pedestrians walk past a statue of a bull in Beijing on November 8, 2017. Photo: AP

China’s biggest LED chip maker tumbles by daily limit in Shanghai

  • Shares of Sanan Optoelectronics slide 10 per cent on Wednesday
  • Sell-off highlights jittery mood among investors spooked by recent bond default at Kande Xin Composite Material Group

A sharp sell-off in Sanan Optoelectronics on Wednesday underscores the cautious mood among investors in Shanghai. Pedestrians walk past a statue of a bull in Beijing on November 8, 2017. Photo: AP
A sharp sell-off in Sanan Optoelectronics on Wednesday underscores the cautious mood among investors in Shanghai. Pedestrians walk past a statue of a bull in Beijing on November 8, 2017. Photo: AP
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