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Huaneng Power International Experiences Abnormal Stock Fluctuation; Shares Down 6%

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Huaneng Power International (SHA:600011, HKG:0902) said it experienced an unusual stock movement over three consecutive trading days, but its operations are still normal, according to a Hong Kong bourse filing on Monday.

The Chinese power company's Shanghai shares slumped 6% during Tuesday's midday trade.

Huaneng's closing price between May 28 and June 1 was over 20%, exceeding the growth of the bourse's threshold.

The company said it has no significant announcement or undisclosed information that could have affected its stock price.

What else is happening in Asia?

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