$Hello Group Inc(MOMO)$Due to the fact that the Group's fair market value as indicated by its market capitalization was significantly below its net book value of equity, the Group determined that a triggering event had occurred for impairment. The Group conducted a detailed impairment analysis and recorded RMB4,397.0 million (US$690.0 million) as impairment loss- what nonsense is this?
$DouYu(DOYU)$not sure if it’s a plan for China themselves to drive down all the stock prices for them to buy? Coy still operating. The share price overkille. Douyu IPO $11, now less den $4. Privatised or share buyback is a smart move now. Sell investor $11, buy back $4. Lol