What Does the Surge of ‘Web3.0 Concept Stocks’ in A-share Market Mean

Shi Xingguo, the founder of Hyperchain, provided his interpretation of the surge of A-share Web3.0 concept stocks

Recently, Web3.0 concept stocks of A-share listed companies have risen against the trend and become a new hot spot in the market. On November 10th, Web3.0 concept stocks triggered a surge, with Quanshi World Online Network Information gaining eight consecutive limit-ups in 10 days, and Rongji WISP gaining four consecutive limit-ups. Many listed companies, including Philisense, COL, Net263, CSII, and TungKong, have responded that they have laid out related businesses. Shi Xingguo, the founder of Hyperchain, was invited by Huoxun.com to interpret this phenomenon.

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