Brief: China NT Pharma Group updates on unusual price movement of shares

China NT Pharma Co

14/12/2016 12:34

Dec 14 (Reuters) -    China NT Pharma Group Co Ltd 
 1011.HK : 
    * Confirms company is under normal operation and no 
substantial shareholders have recently reduced their 
shareholdings 
    * "board believes shares have been trading at level which 
significantly undervalues company's performance and underlying 
value" 
    * Noted decrease in price and increase in trading volume of 
shares of company 
    * Directors are not aware of any reasons for price and 
volume movements or of any information which must be announced 
    * Announces intention to repurchase up to 155.8 million 
shares 
 
 
     
     
     
     
    Source text for Eikon:  ID:nHKSbWBxlz  
    Further company coverage:  1011.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com ;))