31 Aug '13, 12am

CHINA MINZHONG EFFECT ON S-CHIPS STOCKS

CHINA MINZHONG stock headed south by about 50% after the short selling report but CHINA MINZHONG is not only the stock that faces the effects of the report, some S-chips stocks here also experienced similar effects. Sino Grandness, a food stock which is similar to China Minzhong, with businesses based in China, also faces pressure as its stock price heads south. I was quite surprised reading an analyst report that goes as far to the extent that the analyst firm will cease coverage on S-chip stocks altogether as the analyst argued to the point that even if a S-chip stock like China Minzhong which has substantial GIC’s presence before could become victim of short sellers, then there is no point covering other S-chip stocks. I think S-chips stock here in Singapore really need to be robust in order to win investors’ confidence after the string of corporate scandals, delisting,...

Full article: http://thefinance.sg/2013/08/31/china-minzhong-effect-on-...

Tweets

China Minzhong: What could happen and what to do?

thefinance.sg 27 Aug '13, 10pm

China Minzhong: What could happen and what to do? by AK71 on August 27, 2013 I received an SMS from a friend that CIMB and...

China Minzhong – not another Scandal?

thefinance.sg 26 Aug '13, 6pm

This must be the most disastrous "anniversary" for China Minzhong ("CMZ") shareholders with the Company scheduled to annou...

Woman in China kills husband then cooks his corpse

Woman in China kills husband then cooks his corpse

channelnewsasia.com 31 Aug '13, 10am

SHANGHAI: A woman in eastern China murdered her husband and boiled the corpse to cover her tracks after he abused her and ...