Rongjie Shares Flags Abnormal Stock Volatility After 20% Three-Day Drop

Rongjie Shares said its stock triggered an abnormal trading volatility alert after the cumulative deviation of its daily closing price declines exceeded 20% over three consecutive sessions on July 8, July 9 and July 10, according to 36Kr. The company said it found no major changes in its recent operations or in its internal and external business environment, and added that neither the company nor its controlling shareholder or actual controller has any undisclosed material matters or major matters under planning.