Soho China’s Stock Tumbles 35% After Deal Falls Through, What Will Owner Shiyi Pan Do Now?
Chinese media outlet Dichanyitiao wrote on Monday that Soho China’s share price opened sharply lower and continued to fall throughout the trading day. As of the midday close, the stock had fallen by 34.86% and the share price was HK $2.28 per share. The company’s total market value at that time stood at HK $11.855 billion ($1.524 billion).
This recent dr…
Keep reading with a 7-day free trial
Subscribe to Pandaily to keep reading this post and get 7 days of free access to the full post archives.