Vitasoy has clarified that the memo was written by a staff member without official consent and could not represent the company’s views. Photo: Winson Wong Vitasoy has clarified that the memo was written by a staff member without official consent and could not represent the company’s views. Photo: Winson Wong
Vitasoy has clarified that the memo was written by a staff member without official consent and could not represent the company’s views. Photo: Winson Wong

Hong Kong beverage maker Vitasoy slumps by most in 15 months as leaked memo fans controversy and costs investors US$475 million

  • The stock plunged in Monday trading, erasing US$475 million of market value, in its worst single-day loss since March 30 last year
  • Sell-off indicates nationalism playing out in stock market, similar to issues surrounding Xinjiang cotton and solar-panel material producers

Topic |   Hong Kong stock market
Vitasoy has clarified that the memo was written by a staff member without official consent and could not represent the company’s views. Photo: Winson Wong Vitasoy has clarified that the memo was written by a staff member without official consent and could not represent the company’s views. Photo: Winson Wong
Vitasoy has clarified that the memo was written by a staff member without official consent and could not represent the company’s views. Photo: Winson Wong
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