Shares in mainland developer Soho China have fallen by 11 per cent after media reports that most of the 41 properties bought for one billion yuan (HK$1.23 billion) by former Shanxi banking official Gong Aiai were sold to her by Soho.
Before the reports on Wednesday, Soho shares traded as high as HK$7.05 on Monday.
via Business feed http://www.scmp.com/business/companies/article/1146393/soho-china-hit-gong-money-laundering-scandal
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