Chinese Dye Maker's Shares Drop After Billionaire Chairman Passes Away

Shares in Chinese textile dye manufacturer Zhejiang Runtu Co. fell by 5.9% at the Shenzhen Stock Exchange today after the company’s billionaire chairman Ruan Jiagen passed away. Runtu announced Yuan’s death in a statement yesterday, saying he died in an accident but didn’t provide details. Vice chairman Yuan Jiachun was [...]

 

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