Bubble Mart released its full-year financial report with impressive performance, but the stock price plummeted 20%.
Looking back, the intensive PR bombardment from June to August last year, founder narrative, and business story packaging were essentially creating peak liquidity — when retail investor attention reaches saturation, it becomes the most comfortable exit window for institutions, with the stock price completing its final surge to the top.
What's worth observing is not the stock price itself, but the frequency of this "consumer goods + capital narrative" model repeating among Chinese
原文表示