Zhongshan-based
Ming
Yang
was
notified
by
NYSE
about
“significant
and
unusual
trading
activity”
in
its
stock
price
and
volume,
after
its
shares
rose
as
high
as
$2.08
on
Thursday
from
an
opening
price
of
$1.44,
before
eventually
falling
back
to
$1.65
at
the
end
of
the
day.
Ming
Yang
says
it
is
unaware
of
any
specific
reason,
beyond
reports
of
China’s
recently-announced
plans
to
increase
installed
wind
power
capacity
by
18GW
in
2013.
“In
particular,
there
have
been
no
corporate
developments
or
events
to
support
this
significant
and
unusual
trading
activity,”
says
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