Giordano International sees adverse news
The management team of Giordano International (0709) revealed to the securities cycle that its business in Hong Kong recorded only a singe-digit growth in the first five months of this year and its business in Taiwan even suffered a double-digit down range. With the news being released, the stock price immediately slumped from HK$4.5 to HK$4 with the down range exceeding over 10% in two days.
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