Asia
Mengdian Huaneng Thermal Power Responds to Unusual Stock Movement; Shares Down 6%
Inner Mongolia Mengdian Huaneng Thermal Power (SHA:600863) said it experienced an abnormal stock movement over three consecutive trading days, but its operations are still normal, according to a Shanghai bourse filing on Tuesday.Huaneng's closing price between May 28 and June 1 was 46.94%, 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.The Chinese power company's shares slumped 6% during Tuesday's midday trade.
SHA:600863
