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Agree, their proxies are all informative between themselves. Last year when EG got 500m contract, share price drop immediately after announcement, this year after clinching Google Fiber contract, same thing share price drop immediately
Issued news article bragging on their prospect, while their proxies and institution start disposing large amount of holdings to people who read the news
CIG's order is full until next year, underlying issue is no longer tariff but its production bottleneck, that's why they limit up 5 times in 8 trading days
Alex said during 2022 to 南洋商报 that their revenue will reach 2b in 2022, that time he meant CY, eventually did not achieve, let's hope they do this year with all the order