Hongji Group (02535) rose sharply for four days and then fell for two days in a row. Is the speculation just a short-lived phenomenon?

The stock price of Hongji Group (02535) fell for two consecutive days after rising sharply for four days, attracting market attention. As a new stock with a first-day gain in the past year second only to Matrix Partners (02477), is the speculation of Hongji Group just a "flash in the pan"?

Judging from the fluctuations in performance and bid winning rate, the fundamentals of Hongji Group are not satisfactory. Zhitong Finance APP learned that the company's operating conditions are not stable, which is one of the reasons for the continuous decline in stock prices after a sharp rise.

Hongji Group’s future prospects

Although Hongji Group's stock price has continued to fall after a sharp rise, the company still has the opportunity to achieve a counterattack in the future. Investors should remain vigilant and pay close attention to the company's business development and revenue.

investment advice

For investors in Hongji Group, they should be cautious about stock price fluctuations and avoid blindly following the trend. Investors are advised to conduct sufficient research and analysis before making any trading decisions.

Risk warning

There are risks in investing in the stock market, and the sharp rise and continuous decline in the stock price of Hongji Group also reflect the uncertainty of the market. Investors should remain rational and avoid excessive speculation.