Profit downgrade raises concern over Fonterra’s Chinese investment partner

[UPDATED] The situation has led to speculation in the Chinese media about information leakage and concern over potential insider trading.

Duncan Bridgeman
Wed, 19 Jul 2017

Fonterra’s troubled Chinese joint-venture partner, Beingmate, has issued another steep profit downgrade just days after its shares were suspended following intense selling pressure.

The situation has led to speculation in the Chinese media of information leakage and concern about

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