Core Viewpoint - The stock price of Oriental Selection dropped significantly by 20.89% to 34.32 HKD amid rumors regarding CEO Zhou Chenggang's alleged misconduct involving related party transactions, which has led to regulatory investigation [1] Group 1: Company Response - Oriental Selection officially denied the rumors about CEO Zhou Chenggang, stating they are purely false [4][5] - The company clarified that the claim regarding its commission rate being over 30% is severely inaccurate, with the actual average commission rate being less than 20% [4][5] - Oriental Selection has initiated legal actions against the spread of these rumors, emphasizing their commitment to addressing such unlawful behavior [4][5] Group 2: Market Impact - The rumors have caused panic among investors, leading to a significant drop in the company's stock price [1][3] - The potential regulatory risks associated with the live-streaming business, particularly concerning high commission rates, could directly impact the company's core profitability if new policies are implemented [3]
新东方CEO被调查？东方甄选回应：纯属谣言