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Olam Hit by Muddy Water Allegations
Olam International, a Singapore listed agriculture commodities trader, has become the latest company to be hit by research company Muddy Waters. Muddy Waters had in recent times published research reports against Chinese companies that trade in North America and had profited from its short positions. One notable case, Sino-Forest Corp eventually filing for bankruptcy protection […]
China Yurun Food Group Hurt by Muddy Waters Rumors
The share price of Chinese meat processor China Yurun Food Group has come under pressure in the last few days with rumors that Muddy Waters is going to release a negative research report on it. A quick check at the Muddy Waters website shows that their latest target is Spreadtrum, Communications Inc (SPRD). Singapore state […]
Fire in Sino-Forest and S-Chips
While the plague in S-Chips continue over here in Singapore, the same thing has happened in the US and Canada. In the past couple of years, there are many China based company that have got themselves listed into US and Canada via the reverse merger method. Most of these companies had operating records that were […]