China Hongxing

Unfortunately, even after these years, reports of S-chips getting into trouble still crop up occasionally

SINGAPORE (Mar 28): Minority shareholders of China Hongxing have approved an offer by the company’s former CEO to buy over the operating assets of the sportswear maker. At a special general meeting held this morning, they voted to accept the equivalent

SINGAPORE (Sept 29): China Hongxing’s troubles started back in 2009 with market talk that the company did not have as much in the bank as its books stated.