Event Organizer Pop Culture Group Sings the Blues After Flashy Debut

Hip Hop specialist’s shares soared as much as 1,200% in their trading debut last week, only to plunge 67% in the last four trading days Key points Pop Culture’s shares have lost 67% of their value from last Thursday after a spectacular IPO that saw them rise as much as 1,200% The company’s low-tech nature could protect it from the latest regulatory crackdown, though its use of the controversial VIE corporate structure remains a risk  By Alice Leung It isn’t exactly a household name, but hip-hop culture promoter Pop Culture…

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