Yang Kai, Chairman and CEO of China Huishan Dairy, during a ceremony at the company’s trading debut on the Hong Kong Exchange in September 2013. Photo: SCMP

Huishan chairman Yang Kai dumps Jiutai Bank shares to raise cash after own stock crash

Yang pared his 16 per cent stake in Jiutai Bank to 4 per cent in the span of three weeks to raise HK$423 million, after his own company’s stock plunged.

Topic |   Banking & Finance

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Yang Kai, Chairman and CEO of China Huishan Dairy, during a ceremony at the company’s trading debut on the Hong Kong Exchange in September 2013. Photo: SCMP
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