Wuliangye 'Investigation' Mystery: Due to Contract Fraud?

by isuo on 2009-09-11 18:26:23

Wuliangye "Investigation" Mystery: Due to Contract Fraud?

http://www.budai.me/space-373-do-blog-id-827.html

Investigated, Wuliangye, Fraud, Mystery, Contract

Most likely due to issues of interest transfer

At noon on September 9th, a notice of investigation by the CSRC into Wuliangye, which had not been suspended from trading, caused a "shockwave," with the stock price plummeting to the daily limit at one point. With regards to why Wuliangye was investigated, market rumors continued to circulate, leaving many mysteries unresolved.