NEW YORK ( TheStreet) -- The Chinese reverse-merger company Yongye International (YONG) announced Tuesday that it got a boost from some big Wall Street money, receiving a $50 million investment from Morgan Stanley's (MS - Get Report) Asian private-equity unit.The move comes as a surprise. In recent months, institutional investors have increasingly forsaken Chinese small-cap stocks amid an expanding fraud scandal. At least 18 Chinese stocks are under trading halts or have been de-listed. The Securities and Exchange Commission has been investigating the space since last year.
China RTO Yongye Gets $50 Million From Morgan Stanley
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