600208 Why does Xinhubao keep falling?

1, because the market plummeted and the stock market was not good, the stock of 600208 Xinhubao also fell.

2. Xinhubao Co., Ltd. is a joint-stock enterprise established by directional fundraising with the approval of the Zhejiang Provincial People's Government Joint-stock Pilot Coordination Group in August, 1992. When the company was established, the registered capital was RMB 50 million, and 5 million shares were issued, each with a par value of RMB 65,438+00. The company was listed on the Shanghai Stock Exchange on 1999.