Zhejiang Chengchang Technology (SHE:001270) said there is no undisclosed material information or abnormal changes in its operations that could explain its recent stock movement.
The company's stock posted cumulative price decline deviations exceeding 20% over three consecutive trading days through June 2, according to a Wednesday filing with the Shenzhen bourse.
Shares of the chip manufacturer were up 10% in recent trade.
REA Group (ASX:REA) entered a partnership with Raine & Horne to develop a technology for core real estate operations, leveraging REA's audience, agent workflow tools, as well as data and insights, according to a Wednesday statement.Realtair, REA's agent workflow tool, will power a technology upgrade for Raine & Horne agencies.Over 200 residential Raine & Horne offices across Australia will also have access to REA's Pro subscription for agencies from August.The Raine & Horne Commercial network will be provided with a proposal platform for commercial real estate. The platform will be deployed after an iterative development process led by Arealytics, and supported by Raine & Horne and REA.
IndusInd Bank (NSE:INDUSINDBK, BOM:532187) shares plunged nearly 3% in early trade on Wednesday after reports of allegations of insider trading and governance failures emerged through a whistleblower complaint.According to a report by The Economic Times on Wednesday, a fresh whistleblower complaint has been sent to the Prime Minister's Office and multiple regulators, including the Reserve Bank of India.The complaint has sought an investigation into alleged insider trading, governance failures, and shortcomings in forensic and audit reviews at IndusInd Bank following the discovery of a derivatives accounting discrepancy worth 20 billion Indian rupees.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Singtel (SGX:Z74) bought back and canceled about 4.8 million shares worth SG$20.8 million in the open market on Tuesday, according to a same-day filing with the Singapore Exchange.To date, the telecommunications services provider has bought back around 134.4 million shares from its existing buyback mandate.