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Institutions have gone to the point of madness to hype Zhongji Xuchuang.
A few days ago, a short article circulated, claiming that Zhongji Xuchuang's chairman Liu Sheng attended the Shanghai Optical Interconnection Forum, delivered a speech, and stated that Zhongji Xuchuang's 3.2T passed NVIDIA's certification.
The short article was released, and it was like pouring oil on a fire, causing Zhongji Xuchuang to surge 7% on Thursday.
This weekend, Zhongji Xuchuang issued a clarification, saying the speech was fabricated by humans, and Zhongji Xuchuang's chairman never attended this meeting, nor does the 2026 Optical Interconnection Forum exist.
People who write such short articles are definitely with ulterior motives, nothing more than making things up, pretending to release good news on behalf of Zhongji Xuchuang remotely, continuing to push up the stock price, making it easier to distribute chips.
Such short articles are definitely not something retail investors can produce; even if they could, they probably wouldn't have the readership or influence. Those capable of doing so are all institutions.
Zhongji Xuchuang has been embraced by institutions, and in the past two or three years, it has risen dozens of times, making it a super bull stock.
Because institutions are too tightly grouped, they can't get out, and retail investors dare not play, so the stock keeps rising higher and higher.
The rumor about the short article being debunked, plus the decline on Friday, what will happen next week—rise or fall?
Did anyone chase the high because of the short article? Let's discuss in the comments. #成长值抽奖赢金条
#Growth Points Giveaway to Win Gold Bars