East buy (01797) fell more than 3%, as of press time, fell 3.29%, reported HKD 11.18, with a turnover of HKD 39.3575 million.
According to the Zhimao Finance APP, East Buy (01797) fell more than 3% and, as of press time, fell 3.29%, at HKD 11.18 with a turnover of HKD 39.3575 million.
Recently, comments made by East Buy's anchor Tian Quan in live broadcasts have raised questions from many people in the liquor industry. He claimed that 'Jiang Xiaobai's baijiu is not baijiu', which has caused dissatisfaction among the sorghum liquor brand Jiangxiaobai. Jiangxiaobai responded that its baijiu product was slandered as not being grain liquor without any warning, which does not conform to the rigorous production process and national standards. They are seeking a fair and objective outcome.
In addition, according to public information, there has been a change in the business registration of Yuhangxing (Beijing) Technology Co., Ltd. The original wholly-owned shareholder, Beijing New Oriental Xunce Network Technology Co., Ltd., has withdrawn its investment, and new shareholder Dong Yuhui has taken over with full ownership. Previously, Dong Yuhui's resignation had caused a stir online. Zhongtai International believes that whether the divestment of Yuhangxing will affect the traffic of East Buy's live broadcast room remains to be seen.