Tag: huishan dairy

Suspicion of fraud at a Chinese company is not the same as fraud, cautions Andrew Leung. For added peace of mind, study your business partner's books and, if necessary, pay a visit.

Ailing Chinese firm left with just two directors – including its missing treasurer – as it battles for survival amid stock plunge, missed interest payments

Before its stock rout, China Huishan Dairy Holdings was already running on a muddy path, haunted by its weak financial balance.

A sour situation at China Huishan Dairy will hardly be helped by the fact it has lost contact with its treasury chief. Our thoughts go out to the team left behind.