2 1 Shi Ji Jing Ji Bao Dao·2025-11-30 10:08Market Performance - The A-share market indices collectively rose during the week of November 24-28, with the Shanghai Composite Index closing at 3888.60 points, up 1.40% for the week; the Shenzhen Component Index at 12984.08 points, up 3.56%; and the ChiNext Index at 3052.59 points, up 4.54% [2] - Over 83% of individual stocks experienced gains during the week, with 192 stocks rising over 15%, while 12 stocks fell over 15% [2] Leading Stocks - Pingao Co., Ltd. (688227.SH) topped the weekly gainers with a 66.93% increase, followed by Jinfutong Technology (003018.SZ) with a 61.07% rise; several other stocks also saw gains exceeding 53% [4] - The top ten stocks in the bull market all recorded cumulative gains of over 44% during the week [4] Investment Activities - Pingao Co., Ltd. announced a plan to invest 400 million yuan in Jiangyuan Technology, acquiring a 14.2151% stake, which will increase to 15.4182% post-investment [5] - The investment will be primarily funded through a loan from the controlling shareholder, with only 40 million yuan coming from Pingao's own funds [5] Underperforming Stocks - ST Lifang (300344.SZ) was the worst performer, with a 30.00% decline, facing investigation by the China Securities Regulatory Commission for alleged information disclosure violations [8] - Other stocks, including Huaci Co., Ltd. (001216.SZ) and *ST Dongyi (002713.SZ), also experienced declines exceeding 15% [8] Company Performance - ST Lifang reported a total revenue of 203 million yuan for the third quarter of 2025, a slight decrease of 0.44% year-on-year, with a net loss of 62.21 million yuan, down 20.59% year-on-year [9] - The company is currently under investigation, which could lead to significant consequences, including potential delisting if found guilty of major violations [9][10]