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AMTD Digital, Parent Plunge in Wake of Baffling 32,000% Rally

AMTD Digital is slumping after vaulting past Goldman Sachs and Morgan Stanley in market value earlier this week. 

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Li Ka-Shing Cuts Ties With AMTD (Video)
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The massive rally in two little-known Hong Kong-based financial services firms is ending just as quickly as it began

Financial services provider AMTD Idea Group dropped 31% Thursday, following a blistering surge that left market watchers baffled, while its subsidiary AMTD Digital Inc. fell 27%.