Sugon Stock Rebounds From Supercomputer Maker's Inclusion on US Entity List
Dou Shicong
DATE:  Jun 28 2019
/ SOURCE:  yicai
Sugon Stock Rebounds From Supercomputer Maker's Inclusion on US Entity List Sugon Stock Rebounds From Supercomputer Maker's Inclusion on US Entity List

(Yicai Global) June 28 -- Shares in supercomputer maker Sugon, or Dawning Information Industry, rapidly bounced back after opening down by the 10 percent daily limit today after closing at limit down yesterday.

The Tiajin-based firm's share price [SHA:603019] was CNY35.25 (USD5.13) as of 10.14 a.m., down 3.4 percent.

The US Department of Commerce added the company to its Entity List on June 21, and the company promptly suspended trading before resuming yesterday. The Entity List is the DOC's register of foreign individuals and organizations subject to additional trade licensing requirements.

Editor: James Boynton

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Keywords:   Sugon,US Entity List