CPHI Surges 2,000% Intraday, Halts Trading as Single-Day Record Jump

China Pharma Holdings (CPHI), a specialty pharmaceutical company headquartered in Haikou, China, surged as much as 2,000% during intraday trading today, marking the largest single-day gain on record before the stock was halted. The company released a statement saying it is "unaware of any undisclosed material non-public information or business developments sufficient to explain recent trading activity." CPHI has experienced unusual trading activity in recent weeks.
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