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KUKE - NFT Speculation Has These Stocks Roaring Again
Kuke Music Holding Limited American Depositary Shares each representing one
Shares of several Chinese companies are surging once again due to speculation that they might jump into the non-fungible token (NFT) space.
The Chinese fintech firm Jiayin Group (NASDAQ: JFIN) saw its stock price rise more than 77% today. Shares are up roughly 226% in just five days. Shares of the online art platform Takung Art Co. (NYSEMKT: TKAT) climbed more than 65% today and have surged roughly 590% over the last five days.
Shares of the Chinese classical music platform Kuke Music Holding (NYSE: KUKE) climbed more than 11% today, while shares of the artwork e-commerce company Oriental Culture Holding (NASDAQ: OCG) rose more than 24%.