CHUANGXIN IND (02788) saw its stock price plummet by 5.02% during Thursday's intraday trading session, extending a recent period of weakness for the shares.
The decline reflects sustained profit-taking pressure from investors, following a previous sharp rally that was driven by surging London aluminum prices and a target price increase from Morgan Stanley. With no new positive fundamental developments emerging to support further gains, selling activity has dominated trading as participants lock in profits from the earlier advance.
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