Asia
Changzhou Fusion Cites No New Data to Justify 30% Stock Rally
Changzhou Fusion New Material (SHA:688503) warned investors that its recent 30% stock surge may be driven by "irrational" market speculation, according to a Shanghai Stock Exchange filing on Wednesday.The photovoltaic silver paste manufacturer confirmed it has no undisclosed material information after its share price rallied 30% over three straight trading days from June 26 to June 30.The company's shares closed more than 1% lower in Shanghai trading on Wednesday after reaching an all-time high on Tuesday.
SHA:688503
