Shanghai Exchange Focuses Monitoring on Stocks Exhibiting Unusual Price Fluctuations

Deep News07-03

The Shanghai Stock Exchange has reported that between June 29 and July 3, it implemented self-regulatory measures concerning 366 instances of abnormal trading activities, including price manipulation and fictitious orders.

During this period, the exchange placed a particular focus on monitoring stocks with significant price volatility, such as Peric Special Gases Co.,Ltd. (SH: 688146), Yangtze Optical Electronic Co.,Ltd. (SH: 688143), and Suzhou Gyz Electronic Technology Co.,Ltd. (SH: 688260).

Additionally, funds trading at high premiums, including Chaitong Fuxin LOF and Global Chip LOF, were also subject to intensified monitoring.

The exchange conducted specialized reviews of 29 significant corporate events and submitted two case leads to the securities regulator regarding suspected violations of laws and regulations.

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