On December 20, Gelonghui reported that ZTE, which had been strengthening for several consecutive days, experienced a pullback today, with the A-shares falling more than 3% and the Listed in Hong Kong shares dropping over 2%. In terms of news, ByteDance released a risk warning last night stating that recently, there has been speculation in the Capital Markets about "doubao concept stocks," with many exaggerated or even fabricated claims circulating, involving ByteDance's capital expenditures, Datacenter spending, AI Hardware, application collaborations, and more. Investors should be wary of market rumors to avoid unnecessary investment losses.