Northeast Electric Rose 59% after the suspension nearly 10th cumulative twice times

Source: Internet
Author: User
Keywords Price
Tags clear closing closing price cost demand market stocks
In the last nine trading days, an increase of more than 80% of the Northeast Electric H-shares, after a significant increase of nearly 70% this morning, suspended trading in the middle of 10:50 A.M., but did not explain the reasons for the suspension, the closing price of HK $2.26, up 59.15%, deal up to 69.586 million shares. Earlier in the market, Mr. Buffett made clear early this month that China's vast rural areas will have a huge demand for grid equipment in the future, so he intends to buy a large share of the Low-cost State grid equipment stocks under China's approval. The rumor is that Buffett is currently with the Northeast electric major shareholder Hong Kong Central Clearing (agent) limited to discuss the transfer of shares. Thus triggering the market to follow the grab, pushing the share price up twice times in nearly 10 trading days. Mr Buffett added a "01211-hk" aura after his earlier stake in BYD and its soaring share price.
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