HK's Shanghai Dasheng falls; says not affected by CEFC probe

Virtual Mind Holding Co

02/03/2018 05:43

** Shares of Shanghai Dasheng Agriculture Finance Technology
 1103.HK , linked to privately owned Chinese conglomerate CEFC,
fall as much as 15.6 pct to HK$0.228, after its 41.3 pct plunge
on Thursday
    ** CEFC China Energy chairman Ye Jianming has been
investigated for suspected economic crimes, a person with direct
knowledge of the matter said on Thursday.  urn:newsml:reuters.com:*:nL4N1QJ1YU 
    ** Shanghai Dasheng says CEFC China Energy and CEFC Futures
are indirect shareholders of the company, and the company's
business and operations have not been affected (http://bit.ly/2oAHcdF)
    ** As of 0529 GMT, about 355.12 million shares of the
Shanghai-based company have been traded, compared with their
30-day moving average of 82.34 million shares a day
    ** Another CEFC-related stock CEFC Hong Kong Financial
Investment  1520.HK , which dropped 27.8 percent on Thursday,
rose 3.5 percent in early Friday afternoon       
    ** Hong Kong benchmark index  .HSI  falls 1.4 percent

 (RM: donny.kwok.thomsonreuters.com@reuters.net)