China Huarong plunges 50% as trading resumes after 9-month halt

China Huarong plunges 50% as trading resumes after 9-month halt

Beijing, China. Photo by zhang kaiyv on Unsplash

Shares of China Huarong Asset Management Co Ltd plunged as much as 50% in Hong Kong on Wednesday to a record low, as trading resumed after a nine-month suspension, giving investors the chance to revalue the embattled company.

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