Let’s find out why Concord Medical Services Holdings Limited (NYSE: CCM) shares blundered in the AH yesterday

Concord Medical Services Holdings Limited (NYSE: CCM) share price plunged -30.21 to $3.7 in the after-hours market.

How can this stock be down? The only answer that stands out is “restless investors.” The last news directly related to this company was announced on November 20, 2020, when the company, which operates a network of medically advanced comprehensive cancer hospitals and standalone radiotherapy and diagnostic imaging centers in China, revealed that it would hold its 2020 annual general meeting of shareholders on December 21, 2020, at 10:00 a.m. (Beijing Time).

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The meeting will take place on the 27th floor of Tower A of the Global Trade Center, 36 North 3rd Ring Road East, Dongcheng District, Beijing, China. The record date for shareholders is December 1, 2020. Shareholder approval will not be sought at the annual general meeting. Instead, shareholders entitled to vote will convene the meeting to discuss the Company’s affairs with management.

The Company’s annual report on Form 20-F, containing the audited financial statements for the year ended December 31, 2019, is available on the Investor Relations page at https://ir.ccm.cn. Additionally, the Form 20-F is available on the SEC’s website at https://www.sec.gov.

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