|
|
Article: CHINA'S DAIRY PRODUCTS COMPANIES TOOK A HIT ON SEP. 17
- Article from:
- AsiaInfo Services
- Article date:
- September 19, 2008
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
AsiaInfo Services
09-19-2008
China's Dairy Products Companies Took a Hit on Sep. 17
SHENZHEN, Sep 19, 2008 (SinoCast via COMTEX) -- Most of the Chinese dairy products companies saw their shares take a nosedive on September 17, 2008, caused by the nation's tainted milk powder scandal.
Inner Mongolia Yili Industrial Group Co., Ltd. (SHSE: 600887) and Bright Dairy & Food Co., Ltd. (SHSE: 600597) both hit daily limit-down on the Shanghai Stock Exchange. Milk powder under the brand of Yingxiong produced by Bright Dairy's controlling subsidiary was found to contain melamine.
As for Hong Kong-listed China Mengniu Dairy Company Limited (SEHK: 2319), its share trading was suspended on September ...