The speculation on silver has reached an incomprehensible level!
The A-share listed company 'Silver Industry (601212.SH)' has recently surged violently due to its name, achieving eight consecutive trading limits.
The most difficult part is that the main business of this company is actually copper and zinc, named silver merely because it is located in 'Baiyin City, Gansu Province'.
Even more unreasonable is that its net profit attributable to the parent company in 2025 is expected to lose between 450 million to 675 million yuan, making it an undeniable 'loss-making company'.
There is no script, it is all driven by emotions, not much different from a meme.
The good news is that silver can now also be traded on Binance $XAG , giving investors more choices!
