Again? Ok, then come again.
On July 6, Fosun Pharma's share price re-enacted the scene of the previous A-share H-shares.
The stock price of Fosun has fallen so badly that it has to be traced back to a source of rumors.
On the evening of the 5th, there was a news from the media that Guo Guangchang, chairman of Fosun Group, lost contact! Subsequently, there were rumors and rumors. The stock price collapsed again
On the morning of the 6th, Fosun’s share price fell sharply.
In early trading, Fosun Pharma's share price opened slightly lower and then oscillated weakly. After 10:40 am, it accelerated and fell, and once fell by 9%.
During the lunch break, Fosun Group officially responded that all operations were normal.
At the same time that Fosun AH shares both collapsed, the rumors of "Focus Group Chairman Guo Guangchang lost contact" became more and more fierce.
There are even rumors that "there are media reporters calling Guo Guangchang and the phone has been shut down."
Fosun Group was forced to come forward to break the rumors and released the news that Guo Guangchang was attending the 8th Qin Shang Conference and making a keynote speech.
According to Fosun’s response, on the morning of the 6th, Guo Guangchang, in the capacity of the president of the Zhejiang Chamber of Commerce in Shanghai, held talks with Shaanxi Provincial Party Secretary Qi Qinqin, saying that it would further increase industrial investment and layout planning in Shaanxi.
The official attitude of Fosun is also extremely tough: online hype is purely rumor and malicious, and Fosun Group is operating normally. Fosun Group reserves the right to pursue legal responsibility for malicious media.
In the end, Fosun’s statement still played a role. In the afternoon, Fosun’s share price rose, maintaining a volatile pattern and the decline narrowed.
At the close, Fosun Pharma A shares closed at 30.19 yuan / share, a decrease of 3.67%. Fosun Pharma's H-shares fell nearly 7% in intraday trading. At the close, it closed at HK$29.3/share, a decrease of 2.98%.
This time, due to the timely response of Fosun, the market confidence has recovered to a certain extent, which is better reflected in the stock price of Fosun Pharma.
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