Among the stocks halted this holiday-shortened week were Ping Luo stock China Ritar Power (CRTP), briefly discussed here, and Sustainable Asset Management favorite Duoyuan Global Water (DGW).
DGW was halted on the 20th of April, for pending news, and has remained halted all week. SAM is, according to the most recent available filings, the largest shareholder of DGW, holding over 2.5mm shares, a 10.25% stake in the scandal ridden company. Read more about DGW here. It appears that Sustainable’s DGW position was almost 1.5% of total assets under management at the end of 2010. Ouch!
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