Economic Review Questions China-Biotics Results
March 15, 2011 at 14:14 PM EDT
China-Biotics, Inc. (CHBT)) may have fabricated revenues and earnings reported to U.S. regulators, China Economic Review, a magazine published in Hong Kong and owned by the SinoMedia Group, said in a report on Seeking Alpha. Economic Review says that China-Biotics’ claims distribution channels for its retail products in the Shanghai market are wildly overstated, and [...]