Caixin points out the "White Hair Stock God": suspected of "export-to-domestic sales style cross-border hype," investors need to beware of information backflow.

Caixin points out the "White Hair Stock God": suspected of "export-to-domestic sales style cross-border hype," investors need to beware of information backflow. BlockBeats news, June 9 — According to a report published today by Caixin, a major Chinese media outlet overseen and controlled by the Shanghai Media Group, the "White Hair Stock God" Serenity, who is overseas, is "remotely controlling" small and mid-cap A-shares that continue to skyrocket, which warrants caution.
The article states that Serenity's series of actions have sparked controversy over cross-border hype and market manipulation.
Next, three things need to be monitored: whether relevant funds continue to flow in, whether on-chain trading volume and holdings keep expanding, and whether the project team or regulators provide new confirmation information.
A single piece of quick news can only indicate that sentiment has been ignited; subsequent data will determine whether it can develop into a trend.
Risks should also be on the table: the controversy lies in whether the "White Hair Stock God" achieves special objectives by hyping on overseas social media platforms, and whether there is a risk of information backflow.
If these individuals are truly part of domestic teams or individuals, they may publish stock recommendation information on overseas social platforms, then use domestic social media (forums, groups, Xueqiu, etc.) to backflow and spread the information, thereby attracting domestic retail investors to follow and push up the stock price.
This has become a typical and malicious form of "export-to-domestic sales style cross-border hype."
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