PANews
PANews|Feb 03, 2026 03:36
[Cambrian's stock price plunged nearly 14% intraday; the company responded, stating it is unclear about the cause of the fluctuation: 'Many market rumors are false'] Today, Cambrian's stock price experienced a sharp intraday plunge, dropping nearly 14% at one point, with its total market value falling back to around 450 billion yuan. Regarding the stock price plunge, a staff member from Cambrian's Board Secretary Office stated: 'We are not very clear about the cause of this (stock price fluctuation). First of all, many rumors circulating in the market are definitely false. Additionally, fluctuations in secondary market funds and sentiment are relatively frequent, so we hope everyone approaches this rationally.'
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