New Horizon Health Denies Accusations in a Short Selling Report

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On Wednesday, New Horizon Health Limited (06606.HK) fell more than 20% in trading, the biggest decline among healthcare companies on the Hong Kong Stock Exchange. The stock narrowed its decline in the last trading and closed at HK$18.42, down 6.88%.A report titled "Investigation on Financial Data Fraud of New Horizon Health” has been circulating online. It alleges that New Horizon Health stocked up goods and 90