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Shandong Molong Petroleum Machinery ( (HK:0568) ) has provided an announcement.
Shandong Molong Petroleum Machinery Company Limited experienced an unusual increase in its A shares’ closing prices, deviating by more than 20% over two consecutive trading days. The company’s board has verified that there are no undisclosed material events affecting the stock’s trading prices, and no recent changes in production or operations. The company advises investors to exercise caution due to the high trading risk associated with the recent significant rise in stock prices.
More about Shandong Molong Petroleum Machinery
Shandong Molong Petroleum Machinery Company Limited is a Sino-foreign joint stock company incorporated in China, focusing on the petroleum machinery industry. It is listed on the Shenzhen Stock Exchange and is involved in the production and operation of petroleum machinery products.
Average Trading Volume: 108,286,601
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.88B
For a thorough assessment of 0568 stock, go to TipRanks’ Stock Analysis page.