$Z.AI(02513.HK) is another Kuaishou and Yaojie Ankang. They pump up the stock price and then exploit loopholes in the index, letting passive funds take the bag.
The Independent Commission Against Corruption should investigate the people at the Hong Kong Stock Exchange who set the index rules. The same script has played out so many times, and in the end, it's always the fund investors who end up holding the bag.
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