Market Overview

Negative Chatter Circulates About Keyuan Petrochemicals' Upcoming Earnings (KEYP)

Keyuan Petrochemicals (NASDAQ: KEYP) is halted for news pending ahead of its earnings release. Twitter chatter is circulating that the company might release previously unannounced problems with its financial condition, similar to other Chinese companies which have encountered problems with financial health and auditing practices in recent days, such as China MediaExpress (NASDAQ: CCME).

One source of Twitter chatter can be found here.

Posted-In: Rumors

 

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