Yangtze Optical Fibre And Cable (SHA:601869, HKG:6869) said there is no undisclosed material information that could explain the abnormal trading fluctuation of its stock, according to a Tuesday filing on the Shanghai Stock Exchange.
Shares of the cable manufacturer saw cumulative price gains exceeding 20% over two consecutive trading days to June 23 on the Shanghai bourse.
In recent trade on the Shanghai bourse, shares of the company slipped 1%.