London #FT reports on investors that lost billions on #PumpAndDump stock scheme that inflated values of little known traded entities of small US-listed #ChineseStocks that plunged in value shortly after being heavily #hyped on hyper #capitalist social media accounts.

#Geolocation metadata suggests that key market movers were based out of #Russia and #Iran, — " a trend #InvestorLink has identified in other pump and dumps, some of which are more extreme than others."

By June 17, shares of a tiny Chinese herbal medicine holding company #Regencell #Bioscience — which reported a net loss of $4.4mn in 2024 — were up almost 60,000%, giving the company a market value of about $38bn, more than US based Jefferies investment banking group and US based Walgreens combined.

The #Regencell stock has since fallen 83%. There is no suggestion or unveiled evidence proving biz insiders were directly involved in its share price moves, and Sino based #Biosciences company has not responded to requests for comment on US market share moves as $33 Billion in value disappeared last month..

https://www.ft.com/content/38c9815b-8ccc-40d5-bcbf-cfdb8b73ffa6 #BuyerBeware #WallSt #StockTrades #MarketMovers

TSX Top Gainers: Daily Chart Leaders on the Canadian Stock Exchange

Explore the latest updates on the tsx top gainers, showcasing stocks with strong upward momentum on the TSX. Stay in tune with market-driven performance shifts and keep track of dynamic daily movements shaping the Canadian stock exchange.

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Stay Updated with TSX Top Gainers Performance on the Market

Explore the latest momentum on the TSX top gainers list, showcasing standout performances across various sectors. Stay informed on which companies are currently leading the charts based on market movements and daily performance trends in Canada’s equity space.

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Explore the Latest Trends and Performance of the TSX Composite Index

Stay updated with the real-time movements and sector-wise performance of the TSX Composite Index. This resource offers valuable insights into how Canada’s benchmark index is reacting to market dynamics and economic indicators shaping the broader landscape.

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