http://www.yicai.com/news/2015/05/4620249.html
汉能急挫近50% CEO股东会接紧急电话
一财网 罗琦 2015-05-20 12:21:00
“妖股”汉能今日早盘突现大幅“跳水”，短短半小时时间内，市值缩水近1500亿港元。
被香港资本市场称为“妖股”的汉能薄膜发电(00566.HK)5月20日上午开盘后，股价突然出现大幅跳水，10点40分，汉能宣布停牌，而停牌前收报3.91港元，短短半小时大跌47%，市值缩水至1631亿港元。 Continue reading
http://ftalphaville.ft.com/2015/05/20/2129973/he-had-something-to-do/
May 19, 2015, 10:58 P.M. ET
UPDATE: Is Hanergy The Next Yingli Green Energy?
By Shuli Ren
Chinese thin-film solar manufacturer Hanergy Thin Film (566.Hong Kong) lost one-third of its market value this morning, for no apparent reason other than that it may have been overvalued for a long, long time.
I sifted through reputable local Chinese media and found nothing damning on Hanergy this morning (Please let me know if you see anything!). Users on China’s microblog Weibosuggested that perhaps Yingli Green Energy‘s (YGE) 45% slump in the last two days have raised alarm bells on Hanergy?
DeVere Group has licence suspended following probe [1]
Submitted by kerry.nelson on May 19th 2015, 10:46pm
Business›Companies REGULATION
Benjamin Robertson Benjamin.robertson@scmp.com
CIB decision follows investigation into financial advisory firm’s sales practices by regulators
Financial advisory firm deVere Group Hong Kong has had its licence suspended as part of an investigation into its operations by regulators. The Confederation of Insurance Brokers (CIB), one of two self-regulated bodies that supervise local brokers, said yesterday it had suspended deVere’s membership until a disciplinary investigation had concluded. Continue reading
http://www.bloomberg.com/news/articles/2015-05-20/hanergy-thin-film-power-suspends-trading-after-stock-plunges-47-; http://www.scmp.com/print/business/companies/article/1804417/hanergy-shares-suspended-hong-kong-after-plunging-46-cent; http://www.wsj.com/articles/formerly-hot-hanergy-plunges-47-in-hong-kong-1432093944; http://www.forbes.com/sites/nathanvardi/2015/05/19/hanergy-shares-suspended-after-crashing-by-47/; http://www.ft.com/cms/s/0/c75565be-feac-11e4-94c8-00144feabdc0.html#axzz3aetFkKfE
Mystery Chinese Solar Maker Plunges, Losing Nearly $19 Billion in 24 Minutes
May 20, 2015
Hanergy Thin Film Power Group Ltd., the Chinese solar equipment maker controlled by Li Hejun, suspended trading in Hong Kong after the stock plummeted 47 percent in morning trading.
The stock fell to HK$3.91 before the suspension at 10:40 a.m., shaving HK$144.3 billion ($18.6 billion) off its market value, on the day of its annual general meeting in Hong Kong. Chairman Li didn’t attend the AGM, T.L. Chow, the company’s external spokesman, said by phone.
Before today’s decline, the stock had surged more than six-fold in the past year despite questions from analysts and investors about the company’s revenue sources. About 61 percent of Hanergy Thin Film’s sales derive from Beijing-based parent Hanergy Holding Group, the listed company said in March. Continue reading
AsianExtractor: Unearthing Accounting Fraud in Asia 