Problem postings (3)

However, in Yuanda China's case, its shares plunged 8 percent instead of going up on December 27, when the market resumed trading after the Christmas holiday in Hong Kong.

Huang noted that the plunge was triggered by a profit warning posted by Yuanda China on December 24.

As of press time, Yuanda China still had not made any statement about winning the SOHO China contract. But Huang noted that in such cases, companies should make a statement on the matter promptly to keep investors informed.

A spokesperson from Yuanda China told the Global Times Monday that the deal is just a regular deal in terms of value and does not represent price-sensitive information, which is why the company chose not to post the news on the Hong Kong bourse.

Pan could not be reached for comment by the Global Times as of press time and he also has not responded to the matter so far.

SOHO China spokesperson surnamed Gu told the Global Times Thursday that the company did not have any comment on the complaints about Pan's Weibo posts.

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