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SPX
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Viral Chinese animated film Niu Lai (牛来) means roughly “The Bull Is Coming,” which Chinese retail traders turned into a meme predicting a bull market. The meme spilled onto Tonghuashun, where investors started hyping and buying unrelated stocks with 牛 (“Niu/Bull”) in their names. Several—including Jinniu Chemical, Gongniu Group, and Tongniu Information—jumped into the platform’s top trending stocks and saw price spikes. Basically: viral movie → “bull market is coming” meme → traders ape into bull-named stocks → “Niu Lai concept stocks” become a real market trend.