Hong Kong stock grabs big dollars (and invites big questions) with its 8,500 per cent return

//Hong Kong stock grabs big dollars (and invites big questions) with its 8,500 per cent return

Hong Kong stock grabs big dollars (and invites big questions) with its 8,500 per cent return

Perched below the Ritz-Carlton in Hong Kong, inside the city’s tallest skyscraper, is one of the biggest mysteries of the investing world.There, on the 66th floor of the International Commerce Centre, lies the headquarters of an obscure company that, at first glance, looks like a wild success. Its stock has bested everything in its class with a staggering five-year run: 8,563 per cent.But ask local market veterans about China Ding Yi Feng Holdings, and they’ll tell you the rally makes little…

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By | 2019-02-22T07:43:23+00:00 February 22nd, 2019|Business|Comments Off on Hong Kong stock grabs big dollars (and invites big questions) with its 8,500 per cent return