Mystery 99% Stock Crash in China Cement Maker Linked to Margin Call
China Tianrui Group Cement Co. said a sudden drop in its stock last week triggered a margin call involving a major shareholder, explaining the dynamic behind a dramatic plunge that wiped out nearly all of its market value.
China Tianrui Group Cement Co. said a sudden drop in its stock last week triggered a margin call involving a major shareholder, explaining the dynamic behind a dramatic plunge that wiped out nearly all of its market value.
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