Chengdu Hi-Tech Sinks as Firm Pulls Out of Takeover of Computing Power Provider Huakun
(Yicai) April 19 — Shares in Chengdu Hi-Tech Development plunged by the exchange-imposed limit today for the second day in a row after the Chinese industrial park construction firm said it is no longer proceeding with its planned acquisition of computing power provider Sichuan Huakun Zhenyu Intelligent Technology due to an inability to agree on …