Asia
Shenzhen Leading Semiconductor Finds No Significant Event to Justify Unusual Stock Movement
Shenzhen Leading Semiconductor Industry (SHA:603991) said it experienced abnormal stock price fluctuation within three consecutive trading days, but it found no material changes that could have caused the unusual movement, according to a Shanghai bourse filing on Thursday.The semiconductor company's closing price deviated by over 20% from June 29 to July 1.The company conducted an internal inspection that concluded it has no production costs, sales, and other operating conditions or other factors that could have caused the fluctuations.The company's shares dropped 3% at the close.
SHA:603991
