Asia
Lianxiang Smart Home Experiences Unusual Stock Movement
Zhejiang Lianxiang Smart Home (SHA:603272) said it experienced an unusual 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 over 12%, indicating abnormal stock fluctuation.The company said it has no significant announcement or undisclosed information that could have affected its stock price, but it faces delisting after incurring losses in 2025.The Chinese decoration enterprise's shares rose nearly 2% during the midday trade.
SHA:603272
