Core Viewpoint - A warning has been issued regarding a surge in pump-and-dump stock schemes targeting thinly traded China-based stocks, with evidence suggesting these scams are becoming more prevalent [1][2]. Group 1: Background and Mechanism - Edwin Dorsey, author of "The Bear Cave," highlighted that scammers build trust through legitimate stock tips before directing victims to obscure micro-cap stocks [3]. - The scams are facilitated through numerous groups on platforms like WhatsApp and other social media [2]. Group 2: Evidence of Manipulation - Several stocks have experienced significant price increases without substantial news, indicating potential manipulation [4]. - Specific stocks identified as potential targets for pump-and-dump schemes include Mint Incorporation Limited (MIMI), Epsium Enterprise Limited (EPSM), QMMM Holdings Limited (QMMM), Star Fashion Culture Holdings Limited (STFS), Fly-E Group, Inc. (FLYE), and Cuprina Holdings Limited (CUPR) [5][6]. Group 3: Stock Performance - QMMM saw a dramatic increase of over 1700% in stock price on heavy trading volume [6]. - Cuprina Holdings experienced a 400% surge in premarket trading, later stabilizing at around 100% higher [6]. - Epsium stock fell by 60% after a previous surge, while Mint shares initially skyrocketed before pulling back [6].