Chinese Traders Boost Meme Stocks Amidst Korean Martial Law

Reported about 16 hours ago

Chinese traders have turned their attention to meme stocks linked to Korea following a brief declaration of martial law. Companies like Beijing Hanjian Heshan Pipeline Co. saw significant gains as speculators sought opportunities related to the situation in Korea. This trend reflects a broader tactic among traders to invest in stocks that have phonetic correlations with current events, capitalizing on the limited access to direct stock purchasing outside Hong Kong and mainland China.

Source: YAHOO

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