Stocks of Nasdaq Listed Parent of Chinese Milk Powder Producer Falls 26.94%
Published:
2010-08-10
The stock price of Synutra International fell by 26.94% to 12.72 US Dollars in yesterday’s trading, after news reports claimed that the amount of estrogen in the milk powder produced by Synutra’s China subsidiary exceeded standards and had caused the early onset of sexual maturation among female infants. Synutra China has denied the reports and says it plans to sue the Hong Kong based Phoenix media company that originally reported the claims.
Source
Sina Finance
Google Translation
The views posted here belong to the commentor, and are not representative of the Economic Observer |
Interactive
Multimedia
A look at Nanjing local government's controversial urban reconstruction project
E-paper
|
- EEO.COM.CN The Economic Observer Online
- Bldg 7A, Xinghua Dongli, Dongcheng District
- Beijing 100013
- Phone: +86 (10) 6420 9024
- Copyright The Economic Observer Online 2001-2011