Huafang Textile Insider Trading Is Suspected Of Reappearance Of Stock Price Reversal

August 9th

(7.28, -0.29, -3.83%) the stock price again staged a "startling reversal". After the opening of the market, it broke down within two minutes. At about 11:13, the big deal appeared in the market, opened the limit board and straighten up the red, only 14 minutes the share price rose from the limit to 7.43%, with an amplitude of 18.49%.

Up to now, the stock has reported 7.75 yuan, down 1.02%, and traded 292 million, with a turnover rate of 12.32%.

Before that, Huafang textile has been trading for three consecutive days.

The same reversal of the scene has just appeared.

July 17th -7 20, the company's stock price for 4 consecutive days, the stock price jumped to 6.6 yuan / share.

Since the beginning of this year, the price of Huafang textile has been on the low side. After announces a quarterly performance loss in April 25th, the share price has slipped from 7.41 yuan / share to July 16th, closing price is only 4.5 yuan / share, which has lost nearly 40%.

In July 20th, the company issued a notice of abnormal fluctuations in stock trading. "As of now, the company's production and operation is normal, and there is no significant impact on the company. However, due to the overall development status of the industry, the new strategic management plan of Future Ltd is not ruled out."

"New strategic management

Although not clearly stated, according to the tiger list, on July, 17-7, 19, the total amount of hot money that Jiangsu and Zhejiang played the leading role attracted 24 million 440 thousand yuan.

In August 3rd, Ningbo and Shanghai also ran through the same amount of money, and the two joined hands to buy 9 million 20 thousand yuan.

Fang textile announced major issues, according to the China Zhangjiagang network, Zhangjiagang government website, Zhangjiagang daily, Zhangjiagang city exhibition hall, Zhangjiagang City Planning Bureau website and other information platform, about the announcement of the "Zhangjiagang city master plan 2011 to 2030" announcement and "retreat two to three" policy guidelines, the people's Government economic service center of Zhangjiagang city and the land storage and storage center of Zhangjiagang city and the relevant assessment agencies conducted preliminary communication with the company on land appraisal matters, and planned to carry out asset appraisal work. Since the implementation of the above policies and the feasibility of major matters need to be determined separately according to the assessment reports issued by the professional evaluation institutions and the specific negotiations between the parties concerned, the major issues are still uncertain and there is a big uncertainty. August 7th, China

Before the announcement, the new strategic management plan finally came to light.

Although the company insiders repeatedly stressed, "we are also recently learned about land acquisition related news."

But it is also inevitable that investors have questioned that Huafang textile industry has been trading on August 3rd, and whether it is suspected of insider trading on the day before the announcement.

Legal experts also pointed out that when the news that may affect the share price of the company is not yet fully determined, the listed company should conduct pre disclosure of information.

It is reported that, as of now, Huafang textile and Zhangjiagang municipal land acquisition and storage center and the people's Government of Tong Qiao town have not signed the relevant agreement, memorandum and other documents, and signed it.

The company has not yet received relevant documents from the government.