Press "Enter" to skip to content

Chinese pork supplier Chuying Agro set to delist amid cash crunch

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

Do you remember Chuying Agro-Pastoral Group Co Ltd - the Chinese company that paid bond investors with ham instead of interest payments last year? The Shenzhen-listed company is set to become the second company in China to be delisted because its shares remain below face value for 20 consecutive trading days.

The company's shares lost 4.7 per cent on Monday to close at 0.81 yuan per share, trading below the face value of 1 yuan per . . .

To continue reading, please subscribe. You will get

  • ORIGINAL & IN-DEPTH reporting about key trends in China's economy and financial markets
  • THE WIRE 7*24 - up-to-the-minute updates, with details and data you won't find elsewhere. 
  • DAILY BRIEF - daily newsletter to give you a quick overview of the most important business news every day.
  • QUALITY MATTERS. We provide quality information to help intelligent and professional readers make informed decisions. 

 

FREE TRIAL FOR A WEEK cancel anytime

GRAB THE MID-YEAR SPECIAL OFFER !

SUBSCRIBE AT $0.5 A DAY! 

 

Contact us for group subscriptions: contact@yuantalks.com

We highly value independence. We are solely funded by subscriptions from intelligent readers like you. Not ready for our full service? Try Free Weekly Newsletter first.

 

Already have an account? Sign In

Top