Piotech stock price slips again in Shanghai as block trade selling hangs over the name
Piotech Inc’s Class A shares fell 1.7% to 368.70 yuan by 10:15 a.m. in Shanghai after China left its benchmark lending rates unchanged. A block trade of 422,000 shares crossed at a 0.89% discount to Monday’s close. The stock had dropped 2.77% the previous session. Investors are watching a Jan. 26 shareholder vote on a board change.
