Chinese Stock That Sounds Like ‘Trump Wins Big’ Wins Big

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A company has became an unexpected gainer on the Chinese stock market because its name sounds like ‘Trump wins’.

The share price of Chuan Da Zhi Sheng soared as much as 9.57 per cent today on China’s Shenzhen Stock Exchange.

In Mandarin, the phrase ‘Chuan Da Zhi Sheng’ can mean ‘Trump wins with wisdom’.

Another company, called ‘Xi Yi’, saw limit-down today in China because its name sounds like ‘Auntie Hilary’.

The share price of Chuan Da Zhi Sheng was 30.10 Yuan ($4.4) when the market opened at 9:30am today Beijing Time (8:30pm, November 8, EST).

At 1pm Beijing Time, when Trump had become the likely elected President of America, Chuan Da Zhi Sheng’s share price soared by 9.57 per cent to 32.98 Yuan ($4.86).

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A Chinese stock analyst reported; ‘Today the share price of Chuan Da Zhi Sheng suddenly soared, it is hard to explain the increase from an information or technical point of view.

‘Then in the afternoon, Trump was elected as the US President in the US election, [I] realised, it was because Chuan Da Zhi Sheng carries an auspicious message for Trump’s election.’

 

Featured Image: Bloomberg

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