Kasen International was reorganised from a factory that made leather products and went public in Hong Kong in 2005. Photo: AP Kasen International was reorganised from a factory that made leather products and went public in Hong Kong in 2005. Photo: AP
Kasen International was reorganised from a factory that made leather products and went public in Hong Kong in 2005. Photo: AP

Stocks

Business /  China Business

Chinese furniture maker Kasen plunges 90 per cent in Hong Kong trading after critical report by short-seller

  • Trading in stock suspended on Thursday morning after Blue Orca issued report, wiping HK$6 billion off its market value
  • Report contains “untrue and misleading” information, Kasen says in exchange filing in response to attack

Topic |   Stocks
Zhang Shidong
Zhang Shidong

Updated: 10:49pm, 21 Nov, 2019

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Kasen International was reorganised from a factory that made leather products and went public in Hong Kong in 2005. Photo: AP Kasen International was reorganised from a factory that made leather products and went public in Hong Kong in 2005. Photo: AP
Kasen International was reorganised from a factory that made leather products and went public in Hong Kong in 2005. Photo: AP
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