Xie Ruilin Jewelry's stock price soared, and the company stated that there have been no significant changes in business operations.

Xie Ruilin Jewelry announced on the Hong Kong Stock Exchange that the board of directors confirmed that they were not aware of any reasons causing the abnormal fluctuations in stock prices, and that the company's business operations were normal. Xie Ruilin stated that there have been no significant changes in business operations or financial conditions. Xie Ruilin's stock price closed up 79.7% on Tuesday, and at one point on Wednesday morning, the stock price surged 99%.