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Three Chinese Companies Fall Despite Denying Connection to Sunriver’s Scandal
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Three Chinese Companies Fall Despite Denying Connection to Sunriver’s Scandal
Shares of Zhejiang Sunriver Culture, Anhui Gourgen Traffic Construction, and Haichang Ocean Park Holdings experienced significant drops despite all three companies denying any involvement in the ongoing financial product redemption scandal linked to their controlling shareholder, Sunriver Holding Group. As of 1:10 p.m. today, Sunriver Culture’s stock had declined by 6.4 percent, following a 3.6 percent fall yesterday. Gourgen Traffic hit the dai…
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