China Weitong (601698.SH): The company's stock is overheated in market sentiment and irrational speculation

Zhitongcaijing · 5d ago

Zhitong Finance App News, China Weitong (601698.SH) issued a risk warning stating that on January 6, 2026, the company's stock closed at a higher price. The cumulative increase in the closing price of the company's stock since December 3, 2025 is 108.64%. During the same period, the Shenwan military industry rose 23.92%, and the Shanghai Stock Index rose 5.31%. The short-term increase in the company's stock was higher than that of the industry and the Shanghai Composite Index during the same period. There were situations where market sentiment was overheated and irrational speculation. The effects of the company's stock boom were very obvious, and there was a risk of a sharp decline in the short term. At present, the stock price is at an all-time high. The company's stock price has seriously deviated from fundamentals. There is a risk that the stock price will drop sharply in the short term. Investors are kindly requested to pay attention to the risks of secondary market transactions, make rational decisions, and invest prudently.