Cambricon Stock Plummets Nearly 14% Amid Market Rumors

2026-02-03 11:35

Cambricon's stock price experienced a sharp decline, dropping nearly 14% intraday, with its market capitalization falling to approximately 450 billion yuan. The company addressed the situation, stating it was unaware of the specific reasons behind the fluctuation. A representative from Cambricon's board secretary office noted that circulating market rumors were false and emphasized the impact of significant fluctuations in secondary market funds and sentiment, urging investors to remain rational.

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