Material-KY soars nearly 100 points in 4 days, attracting foreign buying of 1.2 thousand shares

Reported 8 months ago

FTNN News Network reported on June 22, 2024, that Material-KY (4763), involved in obscure businesses like acetic acid fiber applications, saw its stock price rise significantly from 178 yuan at the end of the previous year to reaching a peak of 1,265 yuan last year. After a slight drop, the stock price climbed again and surged 88 yuan in the past four trading days, closing at 924 yuan. Foreign investors bought 1.2 thousand shares, with Material-KY chairman optimistic about this year's revenue potential. The company is expanding production capacity and has achieved record high revenues, with strong demand for its acetic acid fiber products.

Source: YAHOO

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