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Yaojie Ankang's Stock Price Surged 30-Fold in Three Months After Its Ipo, While Its Revenue for the First Half of the Year Was Zero.
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Less than three months after listing on the Hong Kong Stock Exchange, Yaojie Ankang (Nanjing) Technology Co., Ltd. (hereinafter referred to as "Yaojie Ankang") has seen its stock price surge over 30-fold. This company, which has yet to commercialize any products, reported zero revenue and a loss of 123 million RMB in the first half of the year. On September 15th, Yaojie Ankang closed at HK$415 per share, a surge of 115.58%, bringing its market c…
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