Everyone should not think that the stock market, especially the Hong Kong stock market, is very compliant.
As far as I know, several well-known stocks that have previously surged and plummeted were all manipulated by large accounts (big players in the cryptocurrency market, large investors on platforms like Xueqiu, etc.) pulling and dumping the prices. In the short term, it still depends on the actions of the major players and insider information.
In this sense, it’s not much different from trading cryptocurrencies; in fact, the cryptocurrency market seems to be a bit more transparent at times. Retail investors should focus on fundamentals and avoid short-term trading, otherwise they will end up being harvested...