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U.S. stock market anomaly: Shengde Wealth fell by 16.22%, the largest decline among Chinese concept stocks.
On September 5th, the top five stocks with the largest decline in Chinese concept stocks were: Shengde Wealth, down 16.22%; zw data action tech, down 14.03%; ehang, down 11.95%; Conglomerate, down 10.14%; and Zhongchi Carfortune, down 10.1%.
EHang Holdings Shares Are Trading Lower. The Company Refuted Recent Allegations That It Is Connected to a Government Investigation.
EHang Strongly Refutes False Allegations, Clarifies Misinformation Causing Stock Volatility; Says Management Team Has No Personal Connections Involved In Incident In Rumor Claiming Co Is Related To Investigation On Chris Hu By U.S. Government
Express News | EHang- Categorically Denies Any Involvement in Activities That Could Harm Its Reputation or Standing With Regulatory Bodies
Express News | EHang: Management Team Has No Personal Connections Involved in Incident in Rumor Claiming Co Is Related to Investigation on Chris Hu by U.S. Govt
EHang Holdings Price Target Announced at $22.00/Share by UBS