Yangzijiang’s share price is currently up 7%. The company is set to report its 3Q19 results on 7th November. Is the market expecting a set of solid results from the company this coming Thursday?

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Share price of the counter has declined by about 40% since hitting the peak back in April 2019. The key reason for the hefty decline in August 2019 was due to reports that its Chairman, Mr Ren Yuanlin had gone “missing” for a period of time.

The company subsequently clarified that Mr Ren had been assisting in a confidential investigation carried out by the PRC government authorities and will be granted a leave of absence by the board to focus on the matter.

Despite the clarifications, Yangzijiang’s share price has remained weak since then, with its share price hovering around