REASON FOR LONGTOP FINANCIAL (LFT) HALT

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Longtop  financial (LFT) was scheduled to report earnings on May 23rd as we have previously pointed out.   Longtop Financial  has announced that it will not be reporting earnings on May 23rd and has not yet provided another date.  

It is difficult to interpret this information.   Is there a serious problem?   Is this simply a case of accountants getting delayed for some innocuous reason?  

We will keep you informed   about Longtop Financial as we learn more.

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