Topic
Followed by 1.4k people
TOPIC
- A report by GMT Research advised investors to avoid the stock because the company hadn’t paid a dividend in the five years before IPO
- China Feihe rejected the report’s findings as ‘groundless’ and said it plans to distribute to shareholders at least 30 per cent of its net profit each year after the listing
Kasen International rebounded as much as 600 per cent in Hong Kong after the Chinese furniture maker and developer refuted the allegations in a critical report issued by a US short seller.
Kasen International rebounded as much as 600 per cent in Hong Kong after the Chinese furniture maker and developer refuted the allegations in a critical report issued by a US short seller.
Analysts and businessmen have credited the peg, which was introduced on October 17, 1983, as one of the main reasons for Hong Kong becoming a major international financial centre.
Analysts and businessmen have credited the peg, which was introduced on October 17, 1983, as one of the main reasons for Hong Kong becoming a major international financial centre.
Currency bears say that the government may eventually consider removing the peg or at least make some change to the system, but supporters say there’s no chance and the government will vigorously defend the peg.
Currency bears say that the government may eventually consider removing the peg or at least make some change to the system, but supporters say there’s no chance and the government will vigorously defend the peg.
Investors short selling Hang Seng Index futures contracts might have lost big this month. Multibillion-dollar big. Hong Kong has been mired in its worst political crisis in decades, but its benchmark bounced back in September, while the Hong Kong dollar stayed within its trading band against the US dollar.
Investors short selling Hang Seng Index futures contracts might have lost big this month. Multibillion-dollar big. Hong Kong has been mired in its worst political crisis in decades, but its benchmark bounced back in September, while the Hong Kong dollar stayed within its trading band against the US dollar.
Bosideng said in a statement that the short seller’s report contains “untrue and misleading information” as shares fell 25 per cent
Bosideng said in a statement that the short seller’s report contains “untrue and misleading information” as shares fell 25 per cent
Best World has refuted claims of unlicensed direct selling in China, and that it overstated earnings from its operations in the country – but losing more than US$734 million from its market value is just the start of its worries.
Best World has refuted claims of unlicensed direct selling in China, and that it overstated earnings from its operations in the country – but losing more than US$734 million from its market value is just the start of its worries.
Tesla identifies the California man as Randeep Hothi, who is part of an online group of short sellers who want to see the electric carmaker fail.
Tesla identifies the California man as Randeep Hothi, who is part of an online group of short sellers who want to see the electric carmaker fail.
Bonitas Research claims that Hengan International has fabricated a total of US$1.6b of net income since 2005
Bonitas Research claims that Hengan International has fabricated a total of US$1.6b of net income since 2005
China’s largest sanitary towels and baby nappies producer, which is accused of fabricating income, says it is studying short seller’s accusations.
China’s largest sanitary towels and baby nappies producer, which is accused of fabricating income, says it is studying short seller’s accusations.
Steep declines follow Ministry of Justice’s love to clamp down on sector after allegations of shady financial reporting and lax compliance on required certification
Steep declines follow Ministry of Justice’s love to clamp down on sector after allegations of shady financial reporting and lax compliance on required certification
The company, once accused of cooking its books, has posted a 2017 net loss of US$13m
The company, once accused of cooking its books, has posted a 2017 net loss of US$13m
Shares suspended after dropping more than 11 per cent in Hong Kong
Shares suspended after dropping more than 11 per cent in Hong Kong
Bullish prediction comes ahead of Alibaba’s release of fourth-quarter results
Bullish prediction comes ahead of Alibaba’s release of fourth-quarter results