On January 16, the stock price of Lehua Entertainment, a well-known domestic entertainment brokerage company, suddenly plummeted by nearly 80%, and it topped the list of hot searches.
Logically speaking, it is normal for the stock price to rise and fall, but suddenly it continued to fall, and then fell by more than 80%. It was really unusual, and it triggered online public opinion. Regarding the sudden plunge, some netizens speculated that someone might be selling, or the major shareholders had changed to cash out. In short, there should be circumstances that caused such fluctuations.
This topic has also become a hot search topic, and many netizens are curious about the reason for the plunge. Rational people believe that Leroy's own development prospects are not very optimistic, and the resources and projects currently at its disposal do not have much advantage, so a decline is normal. Some melon-eating netizens wondered whether there was an internal problem that caused the sudden plunge. After all, when Leroy was first listed, many people were not optimistic about it, so it is quite puzzling to see the sudden drop.
It is reported that the current artists of Lehua Entertainment include Han Geng, Wang Yibo, Meng Meiqi, Wu Xuanyi, Huang Minghao, Bi Wenjun and other young artists. Among them, Han Geng and Wang Yibo were upgraded from artists to shareholders. The company was listed on the Hong Kong Stock Exchange on January 19, 2023 Listed.
According to the listing prospectus, the revenue contributed by the company’s artist Wang Yibo in the first three quarters of 2022 accounted for 59% of the total revenue in the same period. It can be said that most of the income comes from artist Wang Yibo, so Lehua Entertainment is also ridiculed as "Wang Yibo concept stock".
Nowadays, the company's stock price suddenly plummeted, so some netizens couldn't help but start to speculate whether any major news would be exposed. After all, it is very unreasonable to drop like this.
Later, an account certified by Finance Blue V posted a message, including a screenshot of Leroy’s stock price plummeting and a Weibo leaked picture of Big V. It directly wrote "It is said that the surname is W?" and the explosive content of this screenshot of the big v was "a certain top celebrity went whoring and will end up sooner or later."
Netizens rushed to the comment area and asked if the news had leaked out.
I don’t know if it was because it was afraid of causing controversy. The Finance Blue V account deleted it, but posted another screenshot on Weibo showing the plummeting stock price of Lehua, saying: "Sudden! It dropped 80%. It is rumored that its artists are suspected of..." Meaning The way it refers to.
It has to be said that the sudden drop in stock prices triggered a chain reaction. Netizens speculated on the reasons but should also look at them rationally. The bloggers who have come forward to expose the "top celebrities engaging in prostitution" have already had access to Weibo or have deleted it. It can be seen that the information needs to be verified.
In fact, most netizens still think that Lehua’s stock price plummeted is not surprising, because a company has to rely on one artist to support it, which is quite risky, especially since Wang Yibo didn’t spend much time in the group last year.
According to statistics from netizens, after Wang Yibo and Li Qin finished filming "The Wind and Waves" last year, he did not join the cast for nearly a hundred days. This is obviously very unfavorable for Lehua. After all, Wang Yibo is the majority of the company's revenue. He is not working and filming, so it is difficult to give investors confidence. The plummeting stock price also indirectly illustrates the problem.
At present, Lehua Entertainment has not made any response or statement in response to the plummeting stock price and related revelations. Netizens and fans also hope that the company can deal with it. After all, negative revelations involving artists still need to be clarified.
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