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

Topic |   Hong Kong Stock Exchange

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Huishan’s troubles started after a report from US short seller Muddy Waters raised concerns about the company. Photo: Chinatopix via AP
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