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Chinese stock linked to Trump surges while Harris shares decline
Shares of Wisesoft Co., a Chinese company whose name suggests a Trump victory, surged in Shenzhen as Donald Trump expanded his lead in the US presidential vote. In contrast, stocks associated with Kamala Harris experienced a decline. This phenomenon mirrors a similar rally following Trump's 2016 election win.
Chinese investors flock to Trump-themed stock ahead of US election
Chinese investors are flocking to Wisesoft Co., a little-known stock that sounds like “Trump wins big” in Mandarin, as shares surged by the daily limit for three consecutive days, marking over 30% gains this week. This rally echoes the stock's performance following Trump's 2016 election victory, despite a generally weak market.
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