Sino Grandness’s share price retreated 12.5% in last 3 days

Under attack from a short seller who questioned its financial creditability.

With the short seller recommending a short and giving zero value to the stock, investors’ confidence was rocked.
Management hosted an investors’ meeting yesterday to refute claims in the report. 

According to Maybank KE, the report attributed the differences in its profit margins and other operating metrics to business-model variances in the industry. It also blamed the discrepancies in survey results on the different methodologies employed by the research firms. It provided independent research from Frost & Sullivan to show Garden Fresh’s loquat juice’s market position. Management would consider buying back shares if its share price stays weak.