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SANHUA (02050.HK) Ebbs 5%+ after Dismissing Large Robot Order Rumors
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After SANHUA (02050.HK) saw its stock price surge by 12.9% yesterday (15th), it gave back partial gains today (16th) as the company clarified that rumors of a large robot order were unfounded. The company's stock opened 4.96% lower today, initially bottoming at HKD36.8, and last traded at HKD37.3, down 5.57%, with a trading volume of 7.6926 million shares, amounting to HKD287 million. SANHUA announced that it had noted numerous rumors on online media regarding SANHUA securing large-scale robotics orders. Upon verification, the above-mentioned rumors regarding SANHUA securing large-scale robotics orders are not true; the Company has no material matters that should be disclosed but have not been disclosed; and the Company has not participated in any media interviews on October 15, 2025. AASTOCKS Financial News Website: www.aastocks.com |
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