CMC(SH:603122) Ge Long Hui A P P·2025-11-06 10:33Core Viewpoint - The stock of HeFu China has experienced a significant price increase, with a cumulative deviation of over 100% in closing prices over the last 10 trading days, indicating severe abnormal trading behavior [1] Company Summary - HeFu China's main business has not undergone any significant changes, yet the stock price has surged in the short term, suggesting potential market overheating and irrational speculation [1] - The company's current price-to-earnings (P/E) ratio is significantly higher than that of its industry peers, indicating a potential bubble in the stock price [1] Industry Summary - The stock price increase of HeFu China has notably outpaced the growth of the industry and the Shanghai Composite Index, highlighting a significant deviation from the company's fundamentals [1] - The rapid price increase poses a risk of a swift decline, as it is not supported by underlying business performance [1]