June 9 morning Nanshan Holdings shares hit the daily limit down. Wind data show a midday close of 2.39 yuan, down 10.15%. The company said the share move reflected multiple factors, that operations have not changed and the decline was mainly driven by speculative trading. It said its property business is focused on stock (existing) development; its warehousing and logistics unit is cyclical and at a relative trough, with properties held for cash‑flow returns and asset management. The company als

June 9 morning Nanshan Holdings shares hit the daily limit down. Wind data show a midday close of 2.39 yuan, down 10.15%. The company said the share move reflected multiple factors, that operations have not changed and the decline was mainly driven by speculative trading. It said its property business is focused on stock (existing) development; its warehousing and logistics unit is cyclical and at a relative trough, with properties held for cash‑flow returns and asset management. The company also said its manufacturing operations remain a meaningful portion of the business.