# speculative trading

Speculative Frenzy Sends Fenglong Shares to 17-Day 'Limit-Up' Streak as Company Flags Market Risk

Fenglong's stock reached 90.48 yuan on January 22, marking a 17-day streak of daily limit-up moves despite the company denying any planned asset injection or restructuring involving robotics firm Ubtech. The issuer warned the share price had detached from fundamentals and flagged high trading risk, saying it might seek a trading suspension for investigation if abnormal rises continue.