Dead rat in hotpot sends Chinese restaurant's Hong Kong stock investors scurrying

HONG KONG (Bloomberg): A Chinese restaurant operator is in hot water after local media reported that a customer discovered a dead rat in a meal.

Shares of Xiabuxiabu Catering Management China Holdings Co tumbled as much as 11% in Hong Kong on Tuesday, extending Monday's 6.1% decline. Authorities in Weifang city, in east China's Shandong province, are conducting food safety checks at one of Xiabuxiabu's restaurants there.