Securities Daily article: Rejecting speculative investment themes and strengthening the rational foundation of the capital market
According to Securities Times, the Shenzhen Stock Exchange recently announced that the stock price of Fenglong shares has experienced abnormal fluctuations, and the trading behavior of some investors has disrupted the market order. Measures such as suspending trading have been implemented against relevant investors. This volatility is believed to be the result of speculation, sparked by rumors that Ubtech Robotics Corp. plans to take over Fenglong shares. Although Fenglong shares have clarified that there is no restructuring plan, the linking of funds to the humanoid robot track has led to abnormal price increases. Its small market value and low float characteristics make it susceptible to controlled market speculation. Regulatory authorities have controlled abnormal trading in order to crack down on speculative behavior detached from the fundamentals and guide the market back to long-term value investment.
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