Century Co. stock hits six-day streak of upper limits, sparking 'demon stock' comparisons

Century Co. (5314) is experiencing a significant surge in its stock price, reaching the daily upper limit for six consecutive trading days. The stock closed at 26 yuan on Friday, August 21, marking a strong performance that has captured investor attention.

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Embrace Century, wealth for a century

This rally has fueled intense discussion among investors, with many expressing excitement about the company's prospects. Online forums are buzzing with comments like "Embrace Century, wealth for a century" and "Happy, the sixth consecutive day locked at the upper limit, is the former demon stock about to show its power?" However, some investors lament the difficulty in acquiring shares, noting "It's so hard to buy..." The high demand underscores the market's fervent pursuit of the stock.

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Happy, the sixth consecutive day locked at the upper limit, is the former demon stock about to show its power?

The recent strong performance has led some investors to draw parallels with Shang Mao (8291), which saw a dramatic rise earlier in the year, hitting 24 consecutive daily upper limits and soaring from 13.75 yuan to 133 yuan. A post on Threads questioned whether Century could become the next "demon stock" after Shang Mao, igniting a lively debate.

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It's so hard to buy...

While some investors believe the two stocks are different, with one commenter stating, "Shang Mao had no substantial revenue, but Century does," others recall Century's own volatile history. "Century has always been a demon stock~ you can look at its past glorious records," one user commented, while another described it as "This is a demon stock, it gives it all at once." The ongoing surge, coupled with the "new demon stock" narrative, continues to make Century a focal point for investors.

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Shang Mao had no substantial revenue, but Century does