Search
Caihong Co., Ltd (600707.SH): Share Price Plummets by 9.23% in Just Half a Day, Company Issues Clarification on Rumors Regarding Semiconductor-Related Businesses
2 day ago /
Read about 0 minute
Author：小编
On the afternoon of July 3rd, Caihong Co., Ltd experienced a significant downturn, with its share price plummeting by 9.23% to close at RMB 15.15. The trading volume for the half-day session soared to RMB 3.096 billion. The sharp decline in the stock price can be traced back to the company's announcement on June 30th, in which it clarified that its products had not yet entered the testing phase within the semiconductor packaging industry. Furthermore, the company stated that there had been no substantive advancements in its related business endeavors. Consequently, this led to the withdrawal of speculative funds that had previously fueled the hype around the concept.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
