Beijing Business Daily Stock Review: Listed Companies' Risk Warnings Demand Attention

Frequent appearances of bull stocks have led multiple companies to issue announcements warning of severe stock price fluctuations, yet market speculation enthusiasm remains unabated. Investors must pay close attention to risk warnings issued by listed companies and avoid making irrational judgments driven by market sentiment. Excessive speculation detached from fundamentals will inevitably lead to value regression—it is only a matter of time.

When listed companies issue risk warnings, they are not only fulfilling their information disclosure obligations but also taking crucial measures to protect investors' legitimate rights and interests. Abnormal stock price fluctuations may conceal numerous risk factors. In their risk disclosure announcements, listed companies explicitly state that "the stock price has severely deviated from the company's fundamentals and faces the risk of a rapid decline at any time."

However, excessive speculation divorced from fundamentals lacks solid performance support. Historical experience shows that stocks subjected to excessive speculation ultimately cannot escape the fate of value regression. When speculative fervor subsides and the stock price bubble bursts, investors may face substantial investment losses.

Value regression is an objective law of the capital market. Stock prices fluctuate around their intrinsic value. When stock prices significantly exceed intrinsic value, downward adjustment pressure emerges. Such adjustments can occur swiftly and sharply, catching investors off guard.

This is particularly true for stocks with substantial short-term gains, where active trading and market sentiment dominate. Once market sentiment shifts in response to risk warnings issued by listed companies, a large-scale collective withdrawal of funds may occur. When market sentiment wanes, sustaining short-term high valuations becomes challenging, and a downturn in stock prices becomes highly probable.