Long record of the police shares fell more than 10%
KeywordsStock price tsunami
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Dragon Kee Group (00255), which is expected to have a significant decline in earnings for the six months ended June 30, 09, was under pressure this morning with a low of 2.5 yuan and a 10.07% per cent drop. Current 2.57 yuan, down 7.55%, but the deal is quiet, only 280,000 yuan. The company pointed to a decline in profits, mainly because of the global economic slowdown triggered by the financial tsunami, and shrinking demand, which led to lower orders for its customers, resulting in lower revenues.
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