News Formal

Small-cap Chinese stocks spark meme-like buzz

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Small-cap Chinese stocks have been attracting plenty of attention in recent days, according to Stocktwits, a social platform for investors and traders.

Small-cap Chinese stocks have been attracting plenty of attention in recent days, according to data from Stocktwits, a social platform for investors and traders.

Set against this backdrop, Hong Kong-based trading firm TOP Financial Group Ltd. TOP joined the list of meme stocks last week when its shares skyrocketed more than 890% after proving popular with the WallStreetBets group on Reddit. The stock ended Tuesday’s session up 2.9%.The company, however, is relatively small, particularly when compared with meme-stock darlings AMC Entertainment Holdings Inc. AMC and GameStop Corp. GME .

Huadi, which manufactures industrial stainless steel pipes and tubes products, has a market cap of $80.45 million. Hong Kong-based financial services provider Magic Empire has a market cap of $50.64 million.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Small businesses deal with burglary threats during Small Business WeekAs Small Business Week is being observed, Monroe County Executive Adam Bello is calling for an increase in police presence and is urging the state to put in place stricter laws to deter smash-and-grab burglaries and other crimes against them.
Source: 13WHAM - 🏆 256. / 63 Read more »