Sino-Forest gives itself a clean bill of health
Management at Sino-Forest claims its own investigation has refuted allegations of fraud made by Muddy Waters in June.
November 15, 2011
Luckin Coffee’s share price dropped more than 80% at the beginning of April 2020 after the company issued findings from an internal investigation uncovering Rmb2.2 billion $311 million) in fabricated sales from the second to the final quarter last year.
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to FinanceAsia.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
Questions?
See here for more information on licences and prices, or contact [email protected].