Chinese Caterpillar Rival Sany Heavy’s Shares Fall 4% After 1st-Half Profit Declines
- Monday, September 3, 2012, 2:00
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Shares in Sany Heavy Industry, the construction equipment manufacturer led by Chinese billionaire Liang Wengen, fell by 4% on Friday after the company reported a decline in first-half profit amid slackening economic growth in the country.
http://www.forbes.com/sites/russellflannery/2012/09/02/chinese-caterpillar-rival-sany-heavys-shares-fall-4-after-1st-half-profit-declines/