Harbin Electric Trading Over 15% Higher Pre-Market

Harbin Electric HRBN is trading higher today pre-market. At the time of posting, shares of HRBN were trading pre-market at $8.08, up 15.73% from Thursday's close. Harbin Electric, Inc. Responds to Citron Research's Allegations Concerning Mr. Yang Tianfu and Reaffirms His 'Going Private' Proposal at $24.00 Per Share Harbin Electric HRBN today responded to allegations made by Citron Research in a posting on CitronResearch.com dated June 16, 2011 as yet another attempt to drive its stock price down that is based on factually incorrect as well as out-of- context information.