Aili Home and Yiming Food warn of irrational stock speculation

Aili Home and Yiming Food have issued warnings regarding irrational stock speculation following massive price surges in the A-share market. Aili Home saw a cumulative increase of 214.8% over 13 trading days, reaching a price-to-earnings ratio of 423.11, significantly higher than the industry average of 28.99.

Yiming Food experienced a price deviation exceeding 200% over 28 trading days, triggering severe abnormal fluctuation standards. Both companies stated that current stock prices have deviated significantly from their fundamentals and warned of high risks of rapid price declines. They also noted they would initiate trading suspension reviews if prices continue to rise abnormally.

In response to the volatility, the Shanghai Stock Exchange issued a special notice regarding Aili Home, implementing self-regulatory measures to suspend the trading accounts of certain investors involved in abnormal trading activities.