Shares Of Chinese Travel Site Crushed After Allegations Of Fraud

Today, Universal Travel Group (UTA) shares are getting hammered after an investigation by Bronte Capital’s John Hempton revealed that the company may be committing fraud.

UTA 2 915

Check out the investigation of UTA here >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at