Financial news
Written by: Zhang Weilun
2020-01-20 15:00
Last updated: 2020-01-20 15:01Vitasoy International (0345) was attacked by the short-selling agency last week. The company has clarified the allegations on Thursday and Friday. This morning, Vitasoy's stock price was as high as 29.9 yuan, a new one-month high. The latest price was 29.7 yuan, up 5.1%.
Vitasoy stated in the clarification announcement that the short-selling agency Valiant Varrior's allegations were unfounded and seriously misleading, and pointed out that the other party had not contacted the company or sought clarification before or after the report was published.
The company also pointed out that the consolidated financial statements are in accordance with Hong Kong Financial Reporting Standards, and that the annual financial statements have been reviewed by KPMG, the external auditor, and are considered to reflect the consolidated financial performance truthfully and fairly.
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