The company said its stock jumped 36% from June 4 to June 8, far outpacing local benchmarks, while stating no undisclosed material matters were identified after a review.
Leader Harmonix said on June 8 that its shares triggered an abnormal trading notice after cumulative closing-price deviation exceeded 30% over three trading days from June 4 to June 8. The company said the stock rose 36% over that stretch, compared with a 3.05% decline in the Shanghai Composite and a 2.13% gain in the automation equipment index. After reviewing the move, it said no undisclosed material matters were found and warned investors about possible irrational speculation. The disclosure came as X user Serenity said LeaderDrive was his favorite listed stock but that he held no position because, as a foreigner, he could not access the shares.