BRIEF: Hongjiu Fruit chairman, board members probed for fraud
Chongqing Hongjiu Fruit Co. Ltd. (6689.HK) announced on Wednesday that its Chairman Deng Hongjiu and five board members are being investigated for various criminal offenses related to suspected loan fraud…
Caught in a payment jam, Hongjiu Fruit issues more shares
The leading Chinese distributor of high-end fruit has been forced to raise more capital to help bridge a gap between incoming payments and outgoings Key Takeaways: In the first half…
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