XY BEARING(SZ:000678) Mei Ri Jing Ji Xin Wen·2025-11-29 16:11Core Viewpoint - The stock of Xiangyang Bearing experienced a significant surge, closing at 14.76 CNY per share, following a social media post from a distressed investor seeking help, although no direct evidence links the two events [1][4]. Group 1: Stock Performance - On November 28, Xiangyang Bearing's stock hit the daily limit up, marking a 9.99% increase from the previous day [1][2]. - The stock had shown strong performance recently, with a more than 20% increase over the past six trading days [6]. - The trading volume on the day of the surge was reported at 867.22 million CNY [2]. Group 2: Company Financials - For the first three quarters of the year, Xiangyang Bearing reported a revenue of 1.179 billion CNY, reflecting a year-on-year growth of 7.65% [8]. - The company incurred a net loss of 26.86 million CNY, which is a decline of 38.06% compared to the previous year [8]. Group 3: Market Sentiment and Reactions - The unusual stock movement led to discussions among investors, with some attributing the rise to the influence of market leaders, while others remained skeptical, citing the stock's inherent volatility [4][5]. - The company has stated that it is unaware of any direct connection between the social media post and the stock's performance, attributing the rise to market factors [8].