SHUN CHEONG<00650> - Unusual price & volume movements
The Stock Exchange has received a message from Shun Cheong Holdings
Limited which is reproduced as follows:-
"This statement is made at the request of The Stock Exchange of Hong Kong
We have noted the decrease in price and increase in trading volume of the
shares of the Company today and wish to state that we are not aware of any
reasons for such decrease in price and increase in trading volume.
We also confirm that there are no negotiations or agreements relating to
intended acquisitions or realizations which are discloseable under rule
13.23, neither is the Board aware of any matter discloseable under the
general obligation imposed by rule 13.09, which is or may be of a price-
As at the date hereof, the board of directors of the Company comprises of
five directors, of which two are Executive Directors, namely Ms. Cao Jing
(Chairman) and Mr. Mo Tianquan; and three are Independent Non-Executive
Directors, namely Mr. Yu Hon To, David, Professor Ye Jianping and Mr.
Made by the order of Shun Cheong Holdings Limited, the board of directors
of which individually and jointly accept responsibility for the accuracy
of this statement.
Ngan Mei Fan
Date:5th October, 2006"