Another Chinese stock crashing this week, from $19+ to $2.45 now at $6
Is this shocking that another Chinese stock is crashing? Not anymore, everyone is used to have 1 Chinese stock crash every week by now.
Sino-Forest dives despite denial
Financial Post Staff Jun 3, 2011 – 9:59 AM ET | Last Updated: Jun 3, 2011 12:36 PM ET
By Peter Koven and David Pett
Sino-Forest shares plunged 62% on Friday despite the company’s rejection of spectacular allegations against it from a report by Muddy Waters LLC, a little known research firm and short seller.