Company Overview and News
Liabilities of the Chinese dairy firm and its units stood at 10.5 billion yuan in March (0-1)
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Its shares plunged 86pc in Hong Kong on March 24, which came as a vindication for many of its short sellers, including Muddy Waters, that accused it of overstating spending on dairy farms by as much as US$243 million
BEIJING/HONG KONG (Reuters) - Embattled China Huishan Dairy Holdings has come to an agreement with most of its Chinese creditors to restructure its crippling debt, which has reached at least $5.76 billion according to an unreported restructuring plan seen by Reuters. (2-0)
Evergrande Group chairman Xu Jiayin gestures during a press conference for the Fifth Session of the 12th CPPCC National Committee in Beijing, China March 9, 2017. — Reuters pic SHANGHAI, Oct 12 — China has a new richest man, according to the annual Hurun rich list of the country’s top movers and shakers. (84-0)
SHANGHAI (Reuters) - China has a new richest man, according to the annual Hurun rich list of the country’s top movers and shakers. (84-0)
Evergrande Group Chairman Xu Jiayin gestures during a press conference for the Fifth Session of the 12th CPPCC National Committee in Beijing, China March 9, 2017. Picture taken March 9, 2017. REUTERS (84-0)
Happy Thursday…Negotiations are underway for deals to be announced around President Trump’s November visit to Beijing. Several sources have told Sinocism a PRC Vice Minister of Commerce is in DC this week and Commerce Secretary Ross is scheduled to go to China September 24-25 as part of these preparations.
China’s debt-laden Huishan Dairy said its debt restructuring advisor has proposed grouping the businesses of the company and selected assets of its chairman Yang Ka and his own ventures together to form a new entity held by some of its creditors, shareholders and management.
China’s largest dairy farm operator finds discrepancy in its cash position based on management accounts and bank records
Heard about the Hong Kong-listed Chinese company alleged to have smoothed its earnings using a host of connected groups, or the chairman accused of taking millions out of a company? Those are just two of the accusations levelled in recent months by short sellers against companies listed in Hong Kong.
Good day ladies and gentlemen. Welcome to the Noah Holdings Limited First Quarter of 2017 Financial Results Conference Call. [Operator Instructions].
Trading in Fullshare, a property-to-renewable energy firm controlled by Nanjing businessman Ji Changqun, whose shares rose nearly seven-fold in the 17 months to last September, was suspended on Tuesday after plunging 10 per cent in 19 minutes on a negative research report.
Mass resignations have left a troubled Hong Kong-listed firm without a working board. Independent directors were first to eject as problems mounted. Investors need more competent and reliable sentinels. Stronger minority representation could do the trick.
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton