Fri, Nov 28, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Developers, IPOs/Stock Market more

Chinese property developer Evergrande slumps after website claims fraud

Posted on 22 June 2012

Evergrande Real Estate Group, one of China’s largest listed property stocks, took a pounding Thursday in Hong Kong.
A massive sell-off came mid-morning after Citron Research, a website that bills itself as an independent research outfit, issued a report claiming massive fraud and imminent insolvency at Evergrande. Shares in the Guangzhou-based company fell by nearly one-fifth before recovering to end the day at HK$3.97, down 11.4%………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930