Are all the Hong Kong stocks on Moomoo being manipulated by scammers?
$CN HEALTH TECH(01069.HK$ another HK stock like 01069 that was suggested by scammers and was dumped - $ALCO HOLDINGS(00328.HK$
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104353482 : Scammers don't have that much power; it's probably that the agency is shorting
Sanju : Even after falling more than 68% on a single day the company (00328) didn’t halt the trading. It was still traded on Monday unlike 1069 it only fell 32% on a single day. So I am quite not understanding the dynamics of these companies.
devi2OP : The fact that the stock is suspended is even more concerning, as many of the deceived investors might want to sell their shares as soon as the suspension is lifted. This could potentially lead to a significant drop in the stock price, and there's a chance that people's set stop loss orders might not even trigger due to the rapid decline.