China Tainted-Chicken Probe May Hurt Profit, New Hope Liuhe Says

China Tainted-Chicken Probe May Hurt Profit, New Hope Liuhe Says

Nelson Ching/Bloomberg

State-broadcaster China Central Television prompted greater scrutiny of the nation’s poultry industry this month when it reported Liuhe and other suppliers, which sell chicken to companies including Yum! Brands Inc. and McDonald’s Corp., weren’t properly inspecting chicken bought from farmers for antibiotics and hormones.