First Trading Halt for Self-Review on Beijing Stock Exchange This Year

Deep News

Feb 04

Investors seeking to trade stocks should consult Golden麒麟 analyst research reports for authoritative, professional, timely, and comprehensive analysis to uncover potential thematic opportunities.

The Beijing Stock Exchange has witnessed its inaugural stock suspension for self-examination this year.

On the evening of February 4, *ST云创 (920305) announced a halt in trading for a self-review due to abnormal stock price fluctuations. The company's shares were suspended starting February 5 and are expected to resume trading by February 12.

Trading data revealed that between February 3 and February 4, *ST云创's stock price surged by a cumulative 61.29%. At the market close on February 4, the share price stood at 10 yuan per share, giving the company a total market capitalization of 1.324 billion yuan.

*ST云创 stated that the company faces compulsory delisting risks related to its financial status and also risks of mandatory deliction due to serious legal violations. Currently, the company is not planning or implementing any significant asset restructuring plans.

For a wealth of information and precise analysis, visit the Sina Finance APP.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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