Liren Lizhuang opened at the daily limit and briefly extended a fourth consecutive limit-up before plunging to hit the intraday lower limit. The stock closed down 8.93% with turnover above CNY1.0 bln and a turnover rate of 22.92%. A company representative said it had no information on the secondary-market swings, that operations are normal, and that Q3 results are being compiled for release on Oct. 30. On whether the company will return to profit this year, the representative said the answer dep

Liren Lizhuang opened at the daily limit and briefly extended a fourth consecutive limit-up before plunging to hit the intraday lower limit. The stock closed down 8.93% with turnover above CNY1.0 bln and a turnover rate of 22.92%. A company representative said it had no information on the secondary-market swings, that operations are normal, and that Q3 results are being compiled for release on Oct. 30. On whether the company will return to profit this year, the representative said the answer depends on the actual data.