You are here

China Jinmao's HK office ensnared in corruption probe

BT_20171026_UWJINMAO26_3146985.jpg

Shanghai

CHINESE state-backed developer China Jinmao Holdings Group said its Hong Kong office was searched in a corruption probe.

The company's shares fell as much as 3.3 per cent in Hong Kong on Wednesday and JPMorgan Chase downgraded the stock.

Jinmao and its units are not...

sentifi.com

Market voices on: