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Published 14 days ago

Mystery 99% Stock Crash In China Cement Maker Linked To Margin Call

Summary by Bloomberg
China Tianrui Group Cement Co. said a sudden drop in its stock last week triggered a margin call for a major shareholder, shedding some light on a dramatic plunge that wiped out nearly all of its market value.

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Mystery 99% Stock Crash In China Cement Maker Linked To Margin Call

China Tianrui Group Cement Co. said a sudden drop in its stock last week triggered a margin call for a major shareholder, shedding some light on a dramatic plunge that wiped out nearly all of its market value.

14 days ago·United States
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