CMC(SH:603122) 第一财经·2025-11-04 11:02Group 1 - The core viewpoint of the article highlights that the stock of 合富中国 has experienced a significant increase, with a cumulative rise of 77.4% over six consecutive trading days, reaching the daily limit price [1] - The company has issued a risk warning indicating that the stock price surge is not supported by fundamental changes in its business operations, suggesting potential irrational market behavior [3] - The current price-to-earnings ratio of the company is significantly higher than that of its industry peers, indicating a bubble-like characteristic in the stock price [3] Group 2 - The company has reported a decline in performance and has incurred losses, suggesting that its short-term operational performance is under pressure [3] - There is a noted risk of performance volatility due to the company's recent financial struggles [3]