Hall of Shame
China Aoyuan (3883 HK)
China Aoyuan Group Limited operates as a property development company. The Company develops retails shops and integrated residential projects. China Aoyuan Group conducts businesses domestically and internationally. It was listed on the Hong Kong Exchange in September 2007 raising HK$4.19B in its IPO. An additional share offering in July 2009 raised HK$622.80M.
March 3, 2020 - A short selling report was published anonymously on a Chinese social media platform (xueqiu.com).
March 6, 2020 - China Aoyuan issued Clarification with a rebuttal of the allegations in the report.
China Aoyuan : Clarification Announcement - Mar. 6, 2020