Fangdd has been doing quite well. If it had been a U.S. stock with a rights issue, the price would have likely dropped to the rights issue price of 1.5 by now. Therefore, a significant turnover and pre-positioning control are very important. When news is released, it can even squeeze short sellers. I bought a large position earlier this year but couldn't hold on and sold. Reflection is necessary, but if the timing is not right, it's just not meant to be my profit.
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