Yangtze Optical Fibre and Cable (SHA:601869, HKG:6869) experienced an abnormal stock fluctuation for three consecutive trading days, but its operations remain normal, according to a Shanghai bourse filing on Friday.
The company's closing stock price between June 2 and June 4 was more than 20%, exceeding the bourse's threshold.
The company's probe found that it does not have a significant disclosure that could affect its stock movement.
The Chinese cable manufacturer's Hong Kong shares jumped 5%, while Shanghai shares rose 2% during the morning trade.
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