Hong Kong Stock Tied to Pop Star Jay Chou Soars 87% as Jay Chou Officially Joins the Chinese TikTok (Douyin) Platform
Hong Kong stock Star Plus Legend, which is tied to pop star Jay Chou, suddenly soared 86.88% on Wednesday.
Jay Chou officially joined the Chinese TikTok (Douyin) platform today under the name "Zhou Tongxue", with his identity verified as a singer.
A Douyin spokesperson confirmed that the account is authentic. Additionally, regarding rumors that Douyin spent a nine-figure sum to sign Jay Chou, the spokesperson stated that this information is false and merely a rumor.
The company is known for retailing products closely associated with the Taiwanese singer, including Modong, a “bulletproof” high-fat coffee drink. Started by Chou’s mother Yeh Hui-Mei and others in 2017, Star Plus Legend also sells skin- and health-care products and provides intellectual property.
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