Asian Citrus..

People throwing money like rocks, portfolios of glass.

Asian Citrus opened at HK$51.25 ($6.61) in Hong Kong, compared with the closing price of 45.75 British pence (76 cents) yesterday for the London-traded shares. The stock in Hong Kong later fell to HK$19.94 when it was suspended at 11:57 a.m. local time, according to exchange data.

Not Worth HK$50

Asian Citrus is  not a HK$50 stock, South Ocean s McConnell said.

The company s net tangible asset value per share was 37.3 yuan ($5.46) on June 30, according to its listing prospectus. By displaying this figure without noting the stock split, Hong Kong Exchange s computers may have led investors to  think that their investment is backed by 10 times more assets than it really is, Webb said.