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Shandong Molong Petroleum Machinery ( (HK:0568) ) has provided an update.
Shandong Molong Petroleum Machinery Company Limited has experienced an unusual decrease in the closing prices of its A shares, with a deviation of more than 20% over two consecutive trading days. The company’s board of directors has verified that there are no undisclosed material events or changes in the company’s operations that could have influenced this price movement. They also confirmed that the controlling shareholders have not engaged in trading during this period. The company advises investors to exercise caution and remain informed through designated information disclosure platforms.
More about Shandong Molong Petroleum Machinery
Shandong Molong Petroleum Machinery Company Limited is a Sino-foreign joint stock limited company incorporated in the People’s Republic of China. The company operates within the petroleum machinery industry, focusing on the production and supply of equipment and machinery for the oil and gas sector.
Average Trading Volume: 129,943,479
Technical Sentiment Signal: Buy
Current Market Cap: HK$6.02B
Find detailed analytics on 0568 stock on TipRanks’ Stock Analysis page.