Camsing International Stock Crashes After Chairwoman Is Arrested
Dou Shicong
/SOURCE : yicai
Camsing International Stock Crashes After Chairwoman Is Arrested

(Yicai Global) July 8 -- Shares in Hong Kong-based entertainment firm Camsing International plummeted by nearly 90 percent this morning after the firm revealed that its Chairwoman Luo Jing was arrested in Shanghai last week. The company said it is unclear why police arrested Luo.

Its stock [HKG:2662] was down trading at HKD0.61 (8 US cents) a share as of 10.24 a.m.

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Keywords: Camsing International , Chairwoman , Arrest