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  • THE ECONOMIC OBSERVER
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    Stocks of Nasdaq Listed Parent of Chinese Milk Powder Producer Falls 26.94%

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    The stock price of Synutra International fell by 26.94% to 12.72 US Dollars in yesterday’s trading, after news reports claimed that the amount of estrogen in the milk powder produced by Synutra’s China subsidiary exceeded standards and had caused the early onset of sexual maturation among female infants. Synutra China has denied the reports and says it plans to sue the Hong Kong based Phoenix media company that originally reported the claims.


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    Sina Finance

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