This Hong Kong stock plummeted 86%! Netizens: The operators ran away and crashed the market
From August 2023 to May this year, the stock rose from a low of HKD 0.8 to HKD 13.2, with a maximum increase of 15.5 times! However, from HKD 13.2 to the present, it has cumulatively plummeted by 94.8%!
In the afternoon, Hong Kong stock Aigo Group (00328) staged a "diving drama," plummeting 86%:
From August 2023 to May 2024, the stock rose from a low of HKD 0.8 to a high of HKD 13.2, with a maximum increase of 15.5 times!
However, from HKD 13.2 to the current price, it has cumulatively plummeted 94.8%. This means that if you bought at the peak and have not sold, the stock would need to rise 20 times to break even.
It is understood that Aigo Group was established in 1968 and listed on the main board of the Hong Kong Stock Exchange in 1992. Aigo Group owns its own brand of laptop products.
It is worth mentioning that the company's former chairman, Liang Weicheng, died after falling from a building in 2021.
In addition, community users in the stock discussion area have warned to pay attention to risks: