On the afternoon of September 18, Shen Gu Group suddenly rose violently. At one point, the intraday increase rose by more than 297%. The stock price reached a maximum of 82.59 yuan/share. The daily turnover rate was over 80%, and the turnover was close to 4 billion yuan. In the intraday, Shen Gu Group triggered a suspension for the second time. Some market analysts pointed out that the stock price of Shen Gu Group was “bombarded” after listing, as a result of a combination of factors such as extremely low issuance prices, extremely small circulation, resonance with scarce themes, and changes in market capital styles.

On the afternoon of September 18, Shen Gu Group suddenly rose violently. At one point, the intraday increase rose by more than 297%. The stock price reached a maximum of 82.59 yuan/share. The daily turnover rate was over 80%, and the turnover was close to 4 billion yuan. In the intraday, Shen Gu Group triggered a suspension for the second time. Some market analysts pointed out that the stock price of Shen Gu Group was “bombarded” after listing, as a result of a combination of factors such as extremely low issuance prices, extremely small circulation, resonance with scarce themes, and changes in market capital styles.