Financial News, supervised by the PBOC, said the film Niu Lai, released Aug 5,
took just 7,169 yuan in nine-day box office revenue with 236 viewers yet went
viral on social media; its catchy name led some retail investors to assign
market meaning. The paper said this echoes recurring A-share episodes where
name- or homophone-linked stocks draw short-term flows—from Valentine’s Day
concept plays to event-driven homophone moves—and share the same features:
tenuous causality, flimsy logic, rapid capital in/out and ephemeral rallies.
When the hype fades, late-following investors are typically first to incur
losses.