Hong Kong Stock Market News | ZX INC falls more than 20% again, with a cumulative drop of 81% in the past two trading days, erasing most of its gains since listing.
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ZX INC has experienced a consecutive two-day plunge of over 20%, with a cumulative decline of 81%. The company is the second largest non-self-developed mobile game product marketing and operation platform in China, with its main businesses including interactive entertainment, fast food, and trendy toys. Despite the growth in registered users in the first half of the year, there has been a decline in monthly active users and monthly paying users, putting short-term pressure on the company's performance. Analysts believe that the degree of control by the stock manipulators in this stock is already very high.
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