Market Shock: China Tianrui Group Cement Shares Crash 99%
On April 9th, China Tianrui Group Cement Co Ltd experienced a staggering 99% decline in its share value, plummeting to around HKD0.05 (US$0.006). This drastic drop pushed the company’s market capitalization down to HKD141 million. The sell-off frenzy saw approximately 281 million shares, accounting for a third of the company’s total shares, change hands. Notably, … Read more