Stock Market News
Foxconn shares drop after Chinese report on tax audit, land use probe
2023.10.22 21:27
© Reuters. FILE PHOTO: A woman drives past the logo of Foxconn outside the company’s building in Taipei, Taiwan November 9, 2022. REUTERS/Ann Wang/File Photo
TAIPEI (Reuters) – Shares in Taiwan’s Foxconn dropped around 3% in morning trade on Monday after market open, following a report in Chinese state media that the company is the subject of tax audits and land use probes in China.