Why did Neo shares skyrocket (Neo team members)

Why did Neo shares skyrocket? According to official news, the price of Neo shares (ANS) reached a peak of about 5 RMB at today’s opening and the closing price at the time of writing is 5.51 yuan. According to publicly available information, Neo Group is one of the earliest listed companies in China to provide stock trading services.

It is understood that the main business of the company currently includes blockchain technology development, digital currency payments, etc. In terms of financial services, it has entities in Hong Kong and Taiwan, including Zhongan Insurance, a subsidiary under Tencent Group, and provides financing support services to individual users through the Internet. In the field of supply chain finance, after signing a cooperation agreement with banks, it will jointly establish a supply chain management platform based on blockchain technology. In terms of gaming applications, it is involved in the construction of the Neo chain ecosystem.

Neo team members

According to Sina Finance, Li Xiaolai, a member of the Neo team, recently stated, “We are not guinea pigs. No one is a fool in the world of the Internet.” In response, Zhang Lei said: “I have always believed that blockchain is not suitable for speculation. I think there are problems in this industry. If you really view it as a bubble, then you may be a scammer. So personally, I think this is a scam.” In addition, he revealed that the bear market has been going on for 4 months now, and it is “very painful” for some small and medium investors. Therefore, they still hold a large amount of cryptocurrency assets such as Bitcoin and Ethereum as investment risk reminders.