(Bloomberg) -- A Chinese stock whose local language name sounds like “Trump wins big” soared in Shenzhen, repeating its performance in 2016 when he unexpectedly became U.S. President.
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Wisesoft Co., whose Chinese name “Chuan Da Zhi Sheng” sounds like “Trump wins big” to Mandarin speakers, rose as much as 9.8% on Wednesday. Back in 2016, the stock jumped 6.4% on Election Day.
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Wednesday’s gain is the biggest for the firm since July. The stock has gained 21% this year, compared with the 7.4% gain of the benchmark Shanghai Composite Index. Wisesoft is based in China’s Sichuan province and its main products include air traffic management systems.
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