US stock signals · June 3, 2024 0

GENSCRIPT BIO Plummets 20% after US Lawmakers Ask about Ties w/ CN Govt

GENSCRIPT BIO (01548.HK)  -1.770 (-17.700%)    Short selling $96.43M; Ratio 10.786%   opened 15% lower today (3rd) before its decline expanded, and bottomed at $7.43. The stock last printed at $8.02, down 19.8%, with 56.9269 million shares traded, involving $451 million.

Earlier, the US House of Representatives Committee on China sent a letter to the Director of the Federal Bureau of Investigation (FBI) and the US Director of National Intelligence (DNI) inquiring about GENSCRIPT BIO and its three subsidiaries, so as to determine whether China has influence over their operations.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-06-03 16:25.)