Aug 14 — China-listed Qunxing Toys shares fell sharply, closing at 5.61 yuan, down 7.73% after a one-day "one-word" limit-up in the prior session. The company said secondary-market moves reflected multiple factors and yesterday's limit-up was mainly driven by interest in the compute-power sector; the firm's core business remains liquor sales (Moutai, Wuliangye) and continues to be the revenue base. On the Tencent compute-power leasing cooperation, the company said the previously signed leasing a

Aug 14 — China-listed Qunxing Toys shares fell sharply, closing at 5.61 yuan, down 7.73% after a one-day "one-word" limit-up in the prior session. The company said secondary-market moves reflected multiple factors and yesterday's limit-up was mainly driven by interest in the compute-power sector; the firm's core business remains liquor sales (Moutai, Wuliangye) and continues to be the revenue base. On the Tencent compute-power leasing cooperation, the company said the previously signed leasing arrangement is progressing normally; any renewal will be disclosed if it meets information-disclosure thresholds.