Latest news and articles about market rumours
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Cambricon denied circulating rumours that it held a private meeting issuing RMB20 billion revenue guidance after its shares fell over 13% on Feb. 3. The company said it had not provided any guidance, affirmed steady R&D progress, and warned it may take legal action against those spreading false information. The incident highlights how social-media rumours can quickly unsettle China’s AI and technology stocks.
