InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,187.70
(
0.13%
)
US TECH 100
17,617.63
(
0.04%
)
Dow Jones
38,884.26
(
0.08%
)
Brent Oil
82.76
(
-0.13%
)
Bitcoin
62,941.09
(
0.97%
)
Post# of 363758
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

jimmybob

Send PM Follow Ignore
Followers 1880
Posts 137568
Boards Moderated 5
Alias Born 01/03/2007

jimmybob

Re: None

Thursday, 09/29/2011 4:55:01 PM

Thursday, September 29, 2011 4:55:01 PM

Post# of 363758
Chinese stocks slumped after Reuters reported the U.S. Justice Department is investigating accounting fraud involving U.S.-listed Chinese companies. The wire service, which cited the Securities and Exchange Commission, didn’t name the companies. Sina Corp. (SINA US) dropped 10 percent to $72.68. Baidu Inc. (BIDU US) tumbled 11 percent to $13.89. Youku.com Inc. (YOKU US) plunged 20 percent to $15.86. Focus Media Holding Ltd. (FMCN US) slipped 13 percent to $21.71. New Oriental Education & Technology Group Inc. (EDU US) declined 12 percent to $24.29.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up