Hanergy Under Investigation For Market Manipulation, Says Reuters
Chinese billionaire and Hanergy Thin Film Power Group founder Li Hejun has not had a very good week. His net worth plummeted alongside Hanergy stock, which was down 47% in just 24 minutes wiping out USD 18.6 billion from the company’s market cap; he was a no show at his own shareholder meeting; and Reuters reports that Hong Kong’s Securities and Futures Commission (the equivalent of the SEC) is investigating Hanergy for stock . . .
This content is exclusively for paying members. Sign up here
If you are subscribed and having an account error please clear cache and cookies if that does not work email email@example.com or click chat