LONDON (Alliance News) - Chinese home products company Jiasen International Holdings Ltd on Wednesday said it knows of no reason for the fall in its share price on Tuesday and said it is trading in with market expectations.
Jiasen shares closed down nearly 30% on Tuesday and are down by 57% in the year to date. In late morning trade on Wednesday, shares in the company were down 0.5% to 18.90 pence.
The company said it is trading in line with market expectations and will provide a trading update for the first quarter of its financial year next week.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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