LINE Pay exits the ranks of gold-priced stocks, gains converge and falls below 800 yuan at opening

2024-01-29 04:03:55

LINE Pay dropped 800 yuan at the opening today (29th). (Schematic diagram/shutterstock Dazhi Image)

When LINE Pay (7722) was first logged into the stock market on the 26th, it rushed into the ranks of thousands of gold stocks and became the king of stock stocks. The highest point reached 1,030 yuan, causing many villagers to shout that one person and one share would join the war. The topic continues to spread, and the opening trading volume today (29th) continues to increase, but the lowest price has reached 779 yuan per share, and the average transaction price is 905 yuan, and the increase has converged.

Although the opening was slightly lower than last week, the trading volume was still around 440,000. Many netizens warned that there is no daily limit for emerging stocks and investment still involves certain risks. Another legal person stated that the company’s capital is 600 million yuan. It is more susceptible to the impact of volatile operations, and the challenges and risks for investors to enter the market are relatively high.

LINE Pay Chairman Ding Xiongzhu recently stated at a corporate briefing that following eight years of hard work, the number of transactions last year exceeded 930 million, with an average of one transaction coming from LINE Pay every 0.3 seconds. Revenue in 2022 will be 3.620 billion yuan, EPS 7.51 yuan; revenue in 2023 is 4.779 billion, and revenue has shown continued growth in the past four years.

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