It’s a testing time for devotees of Chinese small-caps. RINO International of Dalian, a Nasdaq-listed clean-tech company under suspension from trading, fell as much as 72 per cent in the five days after Hong Kong-based research firm Muddy Waters accused it of cooking the books. RINO has since stated that it did not enter into two contracts for which it reported revenue during 2008 and 2009; at least nine US law firms are now limbering up for class actions.
manbetx3.0 小盘股“粉丝”接受考验的时刻到了。在纳斯达克(Nasdaq)上市的清洁能源公司大连绿诺国际(RINO International),在5个交易日内暴跌72%,目前暂停交易,因为一家香港研究机构Muddy Waters指其做假账。此后绿诺发表声明,称公司并未获得2008年和2009年期间录得收入的两项合约。至少有9家美国律所正准备对该公司发起集体诉讼。