newspaper report that one of its former executives was being investigated as part of a corruption probe.
Shares in the company, which distributes piped gas in Chinese cities, were suspended in Hong Kong following the 21st Century Business Herald article.
It's an allegation that has been denied. These allegations started about two weeks ago. At that time, PTR took a big hit and then gradually rose 8 points.
I don't know why what has become old news caused such a big drop today. I expect the stock to make a recovery similar to the one it made before.