The stock price surged over 82% in a week, HONOTO urgently refutes rumors: no overseas major contracts signed
On August 15th, HONOTO experienced another surge, reaching the daily limit at one point during the trading session, closing at 248.5 yuan per share, with an intraday increase of 19.34%. The cumulative increase in stock price this week has reached 82.52%. The recent surge in HONOTO's stock price may be related to a market rumor. The rumor suggests that HONOTO has recently made breakthroughs in data center power projects for overseas cloud service provider clients and signed large contracts. In response, HONOTO issued a statement on the evening of the 15th, clearly stating that the company has not signed any contracts with overseas cloud service provider clients and that the expansion into overseas markets is still actively progressing. The aforementioned market rumors are all false information. HONOTO further stated that its stock price deviated by a cumulative 34.45% over the two trading days of August 14th and 15th, which constitutes an abnormal fluctuation in stock trading. During the same period, the company's convertible bonds deviated by a cumulative 32.69%, which constitutes an abnormal fluctuation in convertible bond trading. Currently, the company's operations are normal, and there are no significant matters that should be disclosed but have not been disclosed, nor are there any significant matters in the planning stage. Investors are advised to invest rationally and pay attention to risks
