A-Share “New Stock Twin Stars” deliver violence-meets-aesthetics, comparable to crypto-currency MEME

On September 22, China’s A-Shares showcased the “New Stock Twin Stars” violence-meets-aesthetics.
The Beijing Stock Exchange welcomed New Century Digital Technology (920229), priced at 15.67 yuan, which surged 288% at the open; on the Shenzhen Stock Exchange’s ChiNext, a new darling, Zhongsu New Materials (301686.SZ), priced at 55.28 yuan, opened the first day up more than 384%.

In the afternoon, the plot completely got out of control: the N-century stock’s intraday gain expanded to 570%, with the share price locked at 104.99 yuan;
N Zhongsu surged even more, up 712%, closing at 448.99 yuan.
Both stocks triggered a second interim trading halt, effectively replicating the “Beijing Stock Exchange new stock speculation model” in the ChiNext market.

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