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The Former King of Wenzhou Shoes Saw Its Stock Price Plummet for Five Consecutive Days, Accumulating a Drop of 84%.
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Aokang International, a listed shoe company on the A-share market, has recently experienced consecutive days of limit-down trading. The company had previously planned a major asset acquisition, which was suspended for five trading days before being terminated. After trading resumed, the stock price continued to decline. This long-established shoe company, once known as the "first stock in men's shoes" and the "King of Wenzhou Shoes," has been su…
·New York, United States
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