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Ying Li down 9.6% after married deal disclosure
Add BT as a preferred sourcePublished Fri, Jan 26, 2018 · 09:50 PM
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Singapore
SHARES of Chongqing commercial developer, Ying Li International Real Estate, were hotly traded this week and experienced a roller-coaster ride. This comes after news that its executive chairman and CEO Fang Ming had disposed of some shares in a S$20.7 million married deal with Chinese state-owned China Everbright Group.
It also comes after a stock surge on Tuesday where the counter surged 15.6 per cent to close at 17.8 Singapore cents, with some 222.8 million shares traded - prompting a query from the Singapore Exchange (SGX).
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