China’s hottest stocks these days have one thing in common: names that sound like sheep

In China, stocks of companies with names that sound like "sheep" have seen massive gains ahead of the Year of the Sheep, despite little relevance to the zodiac sign. Fish processors, lighting manufacturers, and appliance makers are among those seeing soaring shares, driven more by whimsical investor sentiment than business performance. This phenomenon underscores how cultural events like Chinese New Year can heavily influence market trends, highlighting the interplay between cultural traditions and financial markets.