date:Aug 27, 2013
until Monday's share price slump had a market value of around $520 million, was hit after California-based Glaucus Research Group issued a report alleging the company misled investors about sales to its biggest customers.
The report also raised questions over the credibility of China Minzhong's financial performance compared to its peers. Glaucus said they and their associates have a direct or indirect short position in the company.
Travis Seet, China Minzhong's financial controller, told Reu