HONG KONG -- Mudslinging between the chairman of WH Group and his son drove off investors from the world's largest pork producer on Wednesday.
Shares of Hong Kong-listed WH sank 11.3% to HK$5.95, wiping out 11.2 billion Hong Kong dollars ($1.44 billion) of market value. Core subsidiary Henan Shaunghui Investment and Development shed 5.5% to close at 26.29 yuan in Shenzhen, ceding 5.33 billion yuan ($823 million) in value.