1. Recently, Pupu Culture, which calls itself "the first stock of hip-hop", plummeted by 40.94% yesterday after its listing, and its market value shrank by more than 40% overnight. And one media person even complained, "Last week, US stocks went to Pu Culture, a company known as the first stock of Chinese hip-hop, a public relations company that mainly does ground activities in Xiamen, with an annual income of tens of millions of yuan. I went to NASDAQ to install the first stock of Chinese hip-hop." The media man even said, "(Pupu Culture) doesn't even have an artist who can ring the bell along with the listing." It rose 750% on its first day of trading, with a market capitalization of $1.6 billion and a price-to-earnings ratio of nearly 600x. Then in just three days, the stock price fell from 78 to 34, cutting off the leeks. Do you say that overseas listing can not be strictly regulated? $Pop Culture (CPOP.US)$   $KUAISHOU-W (01024.HK)$   $Hello Group (MOMO.US)$ 
 
two。 The company, known as Pupu Culture, did go public on June 30 this year. It opened at $12.26 on the opening day, and several intraday surges triggered a circuit breaker, with a maximum price of $34.87 per share. At the close of the day, it reached US $30.3, an increase of 405%. In the following days, Pupu culture began to soar again, and its market value soared continuously. According to Pop Culture's prospectus, the company's shareholders include Huarui Investment, Qingwa Capital, Zhongqing Group and musician Hu Haiquan. ...