The company that claims to be the largest scrap metal recycling operator in China has denied allegations of fraud made by the American short-seller Glaucus Research Group.
China Metal Recycling (Holdings) (CMR) is the largest mainland scrap metal recycling company in China, based on its 2008 revenue, according to a survey by the China Association of Scrap Metal Utilisation.
via Business feed http://www.scmp.com/business/money/markets-investing/article/1138207/scrap-metal-giant-cmr-denies-fraud-allegation-us
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