China biotech group shares slide over accusation of sales inflation

Shares in one of China’s largest biotech companies fell nearly 10 per cent in Hong Kong on Friday after a report accused it of inflating sales data and overstating research costs. BeiGene said in a statement to the Hong Kong exchange that the report was “based on unfounded and misleading allegations”, adding that it “has always adhered to standards of compliance, ethics and integrity”.

source https://finance.yahoo.com/m/c59aeb04-9bc6-337d-9fec-1520fd67edb2/china-biotech-group-shares.html?.tsrc=rss

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