Herbalife, Nu Skin shares plunge over fears of Chinese crackdown

New York

SHARES of Herbalife Ltd, Nu Skin Enterprises Inc and Usana Health Sciences Inc tumbled on Monday over concerns that Chinese regulators will crack down on the companies' marketing practices.

Herbalife plunged as much as 7.8 per cent to US$60.71, marking the biggest decline in more than two months. Nu Skin fell 9.6 per cent to US$54.68, while Usana declined 10 per cent to US$52.85.