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Beingmate slides further in Shenzhen tumble
2015-07-03 08:45:49| Food - Topix.net
Beingmate Baby & Child Food Co shares have more than halved in value on the Shenzhen stock exchange over the past three weeks, pushing their price 21% below what Fonterra Cooperative Group [NZX: Beingmate shares fell 9.6% to 14.30 yuan, below the 18 yuan apiece, that the Auckland-based dairy cooperative paid for 192.4 million shares in March. The shares have more than halved from a record 30.95 yuan on the Shenzhen exchange in mid-June as the tech-heavy Chinese stock exchange abruptly pulled back after surging 100% since the start of the year.
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Category:Food and Related Products