Sunny Optical shares gain slightly after fraud-like financials claims

Wednesday, July 18, 2018

Shares in smartphone lens maker Sunny Optical (2382), which fell sharply yesterday after GMT Research claimed to have noted fraudulent-like traits in its financial report, climbed back up slightly today by 1.26 percent to HK$143.80.

The company said yesterday that "allegations contained in the online posts are inaccurate, incorrect and without grounds. The company reserves its right to take legal action against the damages done to the group by the incorrect allegations in the online posts and will take all necessary legal actions where applicable.''