Understanding the Market | DZUG rose over 8% as the company stated that its operating activities are normal and previously indicated its stake in Shenzhen Capital Group

DZUG rose over 8%, as of the time of writing, up 8.43%, priced at HKD 4.5, with a transaction volume of HKD 335 million. In terms of news, DZUG announced that the cumulative closing price increase deviation of its stock reached over 20% during three consecutive trading days on September 29, September 30, and October 9, which constitutes abnormal stock trading fluctuations. After the company's self-inspection, it confirmed that its current production and operational activities are normal, and there have been no significant changes in the disclosed operational conditions or internal and external environments. There are no significant matters affecting the abnormal fluctuations in the company's stock trading price. Public information shows that DZUG is an investment holding company driven by both public utilities and financial venture capital. Recently, DZUG stated that it holds shares in Shenzhen Capital Group, which, along with its funds, holds shares in Yushu Technology. Notably, Shenzhen Capital Group has also invested in the well-known GPU company Moore Threads, whose IPO application on the Sci-Tech Innovation Board has passed the review by the Shanghai Stock Exchange's listing committee