AACAF

AAC Technologies Holdings Inc

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Price
12.21
Change
-0.01 -0.08%
Ask
N/A
Bid
N/A
Previous Close
12.22
Open
N/A
Volume
0
Average Vol (30d)
1,334
Daily Range
N/A
52Wk Range
8.17 - 14.75
Dividend
0.16
Net Dividend Yield
1.80

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Latest News for: AAC Technologies Holdings Inc

Short Sellers Attacking Your Stock? Citic Bank Wants to Help

Published: Friday June 09, 2017

Call it the short-seller defense package.

AAC Technologies: Resumes Trading After Dismissing Short Seller Claims

Published: Wednesday June 07, 2017

Shares in Apple (AAPL) supplier AAC Technologies (2018.HK) will resume trading in Hong Kong on Wednesday, following a recent attack on the company by a short-seller. U.S.-based short Gotham City in May published a report alleging that AAC, which makes speaker components, engaged in undisclosed transactions with unauthorized third parties. Gotham said that AAC used at least 20 suppliers controlled by family members of chief executive Pan Zheng Min in order to offload losses, boost profit margins and avoid Appleā€™s labor standards.

Shares of AAC Technologies to resume after short-seller report

Published: Tuesday June 06, 2017

Trading in shares of AAC Technologies will resume on Wednesday, nearly three weeks after the Apple Inc supplier sought a suspension when its stock fell following a short-seller report that accused it of dubious accounting. Shenzhen-based AAC Technologies, a maker of miniaturised acoustic components including speaker boxes, speakers, receivers and microphones, reiterated in the statement to the Hong Kong stock exchange on Tuesday that the allegations in the Gotham City Research report were groundless. In May, shares of AAC Technologies dropped as much as 11 percent before being suspended, after Gotham City published its second report in about a week critical of the company.

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