news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

the shanghai composite index narrowly held 2,700 points.

the a-share market as a whole fluctuated at a low level this morning, with major indexes performing relatively poorly during the session. the shanghai composite index fell further during the session, falling to 2700.78 points, barely holding above 2700 points.

however, there are still many stocks that are performing strongly in the market. for example, baobian electric performed a "floor-to-ceiling" intraday this morning. during the 15-minute continuous bidding, the stock price quickly rose from the lower limit to the upper limit. the stock price has doubled since september.

it is also worth noting that on friday evening last week, three companies including langyuan holdings, *st yinjiang, and lianchuang holdings disclosed that they had received a notice of filing a case from the china securities regulatory commission, and the stock prices of the relevant companies all plummeted this morning.

the shanghai composite index barely held 2,700 points during the session, and moutai hit a new low

the a-share market as a whole fluctuated at a low level this morning, with major indexes performing relatively poorly during the session.

the shanghai composite index fell further during the session, once falling to 2700.78 points, barely holding 2700 points. the shenzhen component index and the chinext index also fell further during the session.

in terms of industry sectors and tracks, if classified according to shenwan's first-level industry, the home appliance sector soared, with the sector's intraday increase exceeding 2%. haili shares hit the daily limit, and changhong meiling and aucma's intraday increases once exceeded 9%.

coal, banking and other sectors led the gains.

agriculture, forestry, animal husbandry and fishery, environmental protection, electronics, and media sectors saw the largest declines.

in terms of large-cap stocks, kweichow moutai's share price fell further, with the intraday decline once exceeding 2%, once again setting a new low.

baobian electric, 15-minute "ground-to-ceiling"

however, there are still many stocks performing strongly in the market.

baobian electric's stock price rose from the lower limit to the upper limit in about 15 minutes of continuous bidding. however, baobian electric's upper limit was opened several times after that, and as of the midday close, it rose by 9.87%. since september, baobian electric's stock price has continued to rise, with a cumulative increase of more than 110%.

baobian electric issued a stock trading risk warning announcement last friday night, saying that on september 2, 2024, the company disclosed the "baoding tianwei baobian electric co., ltd.'s reminder announcement on the controlling shareholder's planning of major events". the company's controlling shareholder, china north industries group corporation, is carrying out the integration of power transmission and transformation equipment business with china electric equipment group corporation. this integration may lead to a change in the company's controlling shareholder. the relevant plan still needs to go through the internal decision-making procedures and obtain approval from the relevant competent authorities. the relevant matters are uncertain, and investors are advised to pay attention to the risks.

the three a-share companies under investigation plummeted

last friday evening, three companies including langyuan holdings, *st yinjiang, and lianchuang holdings disclosed that they had received a notice of filing a case from the china securities regulatory commission. the share prices of the relevant companies all plummeted this morning.

lianchuang co., ltd. issued an announcement last friday evening stating that the company received a "notice of case filing" issued by the china securities regulatory commission on september 12, 2024. because the company was suspected of violating laws and regulations on information disclosure, the china securities regulatory commission decided to file a case against the company.

the announcement stated that the company's self-examination of the above-mentioned investigation matters is as follows: 1. in november 2022, the company disclosed the criminal judgment no. (2022) lu 03 xingchu 1 issued by the intermediate people's court of zibo city, shandong province, and in october 2023, the company disclosed the criminal ruling no. (2022) lu xingzhong 354 issued by the higher people's court of shandong province. the above judgment determined that kong gang and other persons involved in the case, former shareholders of shanghai luotou network technology co., ltd. (hereinafter referred to as "shanghai luotou") previously acquired by the company, had committed contract fraud in the company's acquisition of shanghai luotou's equity. this matter resulted in the company's acquisition of shanghai luotou's financial statement information being incorrect, resulting in errors in some items of the company's financial statements in previous years. the company has corrected accounting errors and made retroactive adjustments to the relevant annual financial statements, and hired an accounting firm to issue relevant audit reports; 2. as of the date of disclosure of this announcement, after self-examination by the company, there are currently no other major matters that should be disclosed according to laws and regulations that have not been disclosed. at present, all production and operation activities of the company are being carried out in an orderly manner.

influenced by the above news, lianchuang’s share price plummeted this morning, falling by more than 19% at one point.

langyuan co., ltd. issued an announcement last friday evening stating that the company received a "notice of case filing" issued by the china securities regulatory commission on september 13, 2024. due to suspected illegal and irregular information disclosure, the china securities regulatory commission decided to file a case against the company.

the announcement stated that after the company's self-examination, the main reason for the case was that the company's former holding subsidiary guangdong youshi united holding group co., ltd. (hereinafter referred to as "youshi united") was suspected of participating in false transactions. the company has actively carried out rectification in the early stage. if there are matters that have not been rectified in the future, the company will fulfill the relevant information disclosure obligations in accordance with the law. at present, all production and business activities of the company are carried out normally. during the investigation, the company will actively cooperate with the various investigations of the china securities regulatory commission and strictly fulfill its information disclosure obligations in a timely manner in accordance with relevant laws, regulations and regulatory requirements.

influenced by the above news, langyuan shares' share price plummeted this morning, falling by more than 18% at one point.

*st yinjiang issued an announcement on friday night regarding the receipt of a case filing notice from the china securities regulatory commission. the announcement stated that the company received a "case filing notice" issued by the china securities regulatory commission on september 13, 2024. the china securities regulatory commission decided to file a case against the company because the company was suspected of violating laws and regulations on information disclosure.

influenced by the above news, *st yinjiang's stock price plummeted this morning, falling by nearly 16% at one point.