WINS Rockets Up Again

ZH: “We Really Don’t Know What’s Going On” – Nasdaq Halts China Loan Company After 1000% Spike

A few months ago, a tiny Chinese company (that trades on Nasdaq and is part of the Russell 2000) soared 4,500% and then crashed after Bloomberg reported on the ‘surprisingly’ strong debut. Well, it’s happening again… Wins Finance Holdings has exploded 1000% in the last few days and nobody knows why.

No, this is not a Bitcoin-related entity… The company’s market value later tumbled by billions of dollars after Bloomberg reported in March on the mystery.

Last Thursday, the company was worth around $400 million.

On Wednesday, it had a market capitalization of more than $4 billion.

Author: 罗臻 http://www.investinginchinesestocks.blogspot.com

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