# corporate disclosure
Latest news and articles about corporate disclosure
Total: 3 articles found
China’s AI Chipmaker Cambricon Denies Rumours After Sharp Share Drop, Flags Legal Action
Cambricon denied circulating rumours that it held a private meeting issuing RMB20 billion revenue guidance after its shares fell over 13% on Feb. 3. The company said it had not provided any guidance, affirmed steady R&D progress, and warned it may take legal action against those spreading false information. The incident highlights how social-media rumours can quickly unsettle China’s AI and technology stocks.
Chinese Menswear Group Denies Buying Robots from Jack Technology, Quelling Market Rumours
Baoxinio issued a concise investor statement denying that it has purchased robots from Jack Technology, pushing back against circulating market rumours. The clarification illustrates how automation hype and social-media chatter can prompt listed firms to make rapid disclosures to steady investor sentiment. The denial does not preclude future automation projects; it mainly aims to correct the public record and limit speculative market moves.
China’s ZhiTe New Materials Rockets 229% This Year as AI-and-Space Hype Collides with Company Denials
ZhiTe New Materials (300986) has surged about 229% year‑to‑date after publicity around AI‑assisted materials research and a high‑temperature insulating product, but the company says those technologies remain at the lab stage and have generated no revenue. The rally reflects both genuine improvements in revenue and cash flow and speculative market interest in trendy tech narratives, raising questions about disclosure and the sustainability of the share price surge.