Yongzhufang
Author Luo Xiaoqin, this article only represents personal views
Affected by the official anti-epidemic ban policy, the business of small and medium-sized enterprises in China has been damaged, and Weimob Group (2013.HK), which provides software as a service (SaaS) to small and medium-sized enterprises on the WeChat platform, has also been negatively affected. Since the outbreak of the new crown epidemic in early 2020, the The company has recorded a loss of more than 2.5 billion yuan in the past two and a half years. Weimob’s stock price reached as high as HK$30 in February last year, but it has only hovered between HK$3 and HK$5 recently, and it has fallen by more than 80%, which has made investors who were once enthusiastic about the stock anxious.
However, Weimob…
