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Missing goods worth $4m disappears from Kiwi company in China – Stuff.co.nz

QEX Logistics worried about finances after inventory disappears in China.

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Cross-border logistics company QEX Logistics has warned shareholders that the disappearance of $4 million worth of goods from a Chinese warehouse could affect its finances.
QEX told the NZX on Wednesday that inventory had been removed from its secured China Customs bonded warehouse in Shanghai without the companys authorisation.
At this stage, the company said it was taking the view that the goods had been stolen.
The company is currently engaging with its personnel in Shanghai, its China-based…

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