东方甄选股价大跳水，公司紧急声明

Core Viewpoint - The stock of Dongfang Zhenxuan (1797.HK) experienced extreme volatility on August 19, with an initial surge of over 23% before closing down 20.89% at 34.32 HKD, leading to significant losses for investors who bought at the peak [1]. Group 1: Stock Performance - The stock reached a new intraday high since February 2023 before a sharp decline [1]. - Investors who bought at the peak faced losses exceeding 30% within two hours [1]. - Prior to this volatility, Dongfang Zhenxuan had shown strong performance, with a 85% increase in July and a cumulative increase of 144% in August [10]. Group 2: Rumors and Company Response - A rumor circulated that New Oriental CEO Zhou Chenggang was under investigation for allegedly misappropriating company interests through related-party transactions, causing investor panic [3][7]. - New Oriental officially denied the rumors, stating they are baseless and will issue a formal statement [4][8]. - The company emphasized that the claim regarding their commission rate being over 30% is false, asserting that their actual average commission rate is below 20% [8]. Group 3: Regulatory Risks - The company faces potential regulatory risks from proposed guidelines that may limit high commission models, which could directly impact its core profitability [7].