The silver speculation has reached an incomprehensible level!
The A-share listed company "Baiyin Nonferrous Metals" recently experienced a violent surge, achieving eight consecutive days of limit-up trading, thanks to the name's inherent appeal.
The most problematic aspect is that this company's main business is actually copper and zinc, yet it's named "Silver" simply because it's located in "Baiyin City, Gansu Province."
Even more illogical is that its net profit attributable to shareholders in 2025 is projected to be a loss of 450 million to 675 million yuan, making it a clearly "loss-making company."
This is completely unscripted, driven entirely by emotion, not unlike the Meme phenomenon.
One can only advise caution when buying in; a major retreat for silver is likely imminent!