Genscript Biotech Says Chinese Customs Raided Offices, Shares at 20-Month Low


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Genscript Biotech Says Chinese Customs Raided Offices, Shares at 20-Month Low By Reuters , Wire Service Content Sept. 22, 2020 By Reuters , Wire Service Content Sept. 22, 2020, at 12:24 a.m. More HONG KONG (Reuters) - Genscript Biotech Corp said customs raided its offices in China in connection with an investigation into suspected violations of import and export regulations, sending the firms' shares plummeting to a 20-month low. The Jiangsu-based biotech firm said China's Customs Anti-Smuggling Department raided its offices in Nanjing and Zhenjiang, and its Chairman Fangliang Zhang is under "residential surveillance", while four other employees have been...