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AstraZeneca Shares Slide As Execs in China Face Fraud Investigation
AZNAstraZeneca(AZN) Investopedia·2024-11-05 22:51

Key TakeawaysAstraZeneca shares declined Tuesday after reports that senior executives in China were potentially implicated in an insurance fraud case.AstraZeneca China President Leon Wang is cooperating with Chinese authorities, the company said last week.In September, five current and former AstraZeneca employees were detained by police in China in connection with multiple investigations. AstraZeneca (AZN) shares dropped Tuesday after a report that dozens of the company’s senior executives in China potenti ...