SCG(SH:600170) Sou Hu Cai Jing·2025-09-20 01:02Core Viewpoint - The stock of Shanghai Construction Group experienced a significant drop after a period of rapid gains, raising concerns among investors about the volatility and unpredictability of the market [1][10]. Group 1: Stock Performance - As of September 19, 2025, the Shanghai Composite Index closed at 3820.09, down 11.57 points or 0.30%, while the Shenzhen Component Index and the ChiNext Index also saw minor declines [1]. - Shanghai Construction Group's stock price surged from 2.4 yuan to 3.88 yuan from September 12 to September 18, marking an increase of over 58% due to improved expectations in the infrastructure sector and rumors regarding gold mining resources [5]. - On September 18, the stock reached a closing price of 3.88 yuan after five consecutive days of gains, with a turnover rate of 25% and a trading volume of 22.94 million shares [6]. Group 2: Investor Sentiment - A notable investor, referred to as "Shanghai Uncle," has been holding shares of Shanghai Construction Group since 2013, with a cost basis of 3.8 yuan. Despite recent gains, the stock's sudden drop has left him in a precarious position [8][10]. - The investor's strategy involved selling portions of his holdings during the recent price surge, but he still holds 97,000 shares with an average cost of 4.597 yuan, indicating a need for the stock to recover to that level for him to break even [12]. - The emotional toll on the investor, particularly given his age of 82 and the financial sacrifices made to support his investment, has drawn attention and sympathy from the public [10][12].