Huishan’s troubles started after a report from US short seller Muddy Waters raised concerns about the company. Photo: Chinatopix via AP
Asia’s top banks face losses as China Huishan Dairy proposes provisional liquidation
Liabilities of the Chinese dairy firm and its units stood at 10.5 billion yuan in March
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Hong Kong Stock Exchange
Huishan’s troubles started after a report from US short seller Muddy Waters raised concerns about the company. Photo: Chinatopix via AP