Friday, March 24, 2017

CHINA HUISHAN DAIRY HOLDINGS GOES SOUR

Shares of China Huishan Dairy Holdings collapsed 85% in Hong Kong before the company halted trading on Friday, wiping out about $4.1 billion (£3.2 billion) in market value.
Shares were down by as much as 91% before recovering slightly to 0.42 Hong Kong dollars before the lunchtime trading break, with more than 779 million shares changing hands.

1 comment:

  1. Will this be the "black swan" event that crashes the Toronto/Vancouver red hot real estate market? time will tell...

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