On February 3, Cambrian - U's (SH688256) share price took a substantial hit during the trading day, plummeting close to 13% by the mid - session break. As a result, the company's overall market capitalization shrank to roughly 450 billion yuan, marking a decline of over 70 billion yuan compared to its prior valuation.
In light of this dramatic share - price drop, a reporter from National Business Daily, acting in the role of an investor, reached out to Cambrian's board secretary's office. The staff member at the office admitted that they had no definite idea about the causes behind the share - price volatility. They also clarified that all the rumors circulating in the market were nothing but baseless information.
The staff further highlighted that the fluctuations in the share price were mainly driven by the capital flow and sentiment in the secondary market. They urged investors to maintain a rational attitude towards this situation, as emotional reactions could potentially lead to unwise investment decisions.
