LB Select
2023.12.04 04:04

Retail investors sharply criticize WUXI BIO's sudden plunge and trading suspension: Will its market value fall below 100 billion?

Some netizens believe that the essence of WUXI BIO is still a mispricing issue, and in principle, it should not exceed a PE ratio of 20. The reasonable market value should be around HKD 100 billion. Others think that this is just a release of bearish sentiment and purely irrational decline. Some even say that the scary thing is "the company is your counterparty," and the CEO has already reduced holdings.

On Monday, December 4th, WUXI BIO was suspended from trading in the morning session, with a decline of 23.79% before the suspension.

How does the market view this? Here are some spicy comments from netizens: