[May 21, 2013] Mkt Talk: ChiNext index plunges over 2pct on risk warning statements Tweet BEIJING, May 21, 2013 (Xinhua via COMTEX) -- The ChiNext index tracking China's Nasdaq-like board of growth enterprises, plunged over two percent in morning session dragged by several risk warning statements issued by ChiNext-listed companies. Several ChiNext-listed companies warned investors of potential risks in their filings to Shenzhen Stock Exchange, including Ob Telecom Electronics Co. Ltd (300270.SZ), Leshi Internet Information and Technology Corp. (300104.SZ), SJ Environ (300072.SZ), Spearhead Integrated Marketing Communication Group (300071.SZ) and Bluefocus Communication Group Co., Ltd. (300058.SZ). They said in their respective statement that the stock prices had seen abrupt hike recently while their business and ongoing capital operation are still involving uncertainties which are unlikely to bring positive effect on their earnings in the short term. The ChiNext index is expected to face short-term correction so as to digest profit-taking pressure after recent bull runs. (Edited by Li Xueqing, [email protected]) [ Back To TMCnet.com's Homepage ]