ST Lingnan: Stock price deviates by more than 12% for three consecutive days, indicating multiple risks.
ST Lingnan announced that the company's stock had a deviation in price increase exceeding 12% for three consecutive trading days from June 30th to July 2nd, 2026, which is considered abnormal volatility. After investigation, the company, controlling shareholder, and ultimate controller did not have any undisclosed major events that needed to be disclosed, and relevant parties did not buy or sell the company's stock during the abnormal price movement. The announcement also highlighted various risks, including the possibility of the company being delisted or receiving other risk warnings, potential administrative penalties, the former ultimate controller still owing 149 million yuan in funds, and multiple debts being overdue.
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