Im out and bearish for quite a long time. Its simple - the management showed many times they can only promise and cant deliver anything. Solomon is yet another Chinese businessman who can only sell shares as toilet paper and thats where his ability towards shareholders ends.
Worthless management, worthless stock, that works everywhere. And if you add its a Chinese junk where any assets are worth zero for shareholders, you can easily understand why its in an endless fall.
Btw many Chinese stocks are on a tear last months so its not like the sentiment would be bad.
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