Ozner Water hit by short-seller report

Shares in the water purification supplier fell 17% on Monday after short-selling firm Glaucus Research issued a report strongly urging investors to sell.
Eight months after its successful IPO, the water purification suppliers is coming under fire
Eight months after its successful IPO, the water purification suppliers is coming under fire

Shares in Ozner Water, one of China’s largest water purification suppliers, fell 17% before trade was suspended on Monday after a research report claimed the company had exaggerated its production, sales and profits.

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