China Satellite Communications (601698.SH): Recent Stock Price Diverges from Company Fundamentals

Stock News01-12

China Satellite Communications Co., Ltd. (601698.SH) has issued an announcement concerning unusual stock price movements. As of the market close on January 12, 2026, the company's stock had experienced a cumulative increase of 100% in its closing price deviation over 10 consecutive trading days (from December 26, 2025, to January 12, 2026). According to the relevant provisions of the Shanghai Stock Exchange Trading Rules, this is classified as a severe abnormal stock price fluctuation. While the company's fundamental business conditions have not undergone any significant changes, its stock price has recently diverged from these fundamentals. Investors face substantial risks when participating in trading under these circumstances.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment