$TRUMP - Some small Chinese companies bet that the president's memecoin $Trump will help them avoid losing ground on American stock exchanges.

A technology company called GD Culture Group announced on May 12 that it had closed a $300 million financing deal to help it accumulate a stockpile of cryptocurrencies,

inclusive of bitcoin and the president's memecoin, $TRUMP.

The announcement caused shares of GD Culture, based in New York but operating in China, to rise by 14%.

Three days later, the Chinese clothing manufacturer Addentax Group stated it was in negotiations with unidentified cryptocurrency holders to purchase up to $800 million in tokens $TRUMP and bitcoin.

Addentax's shares did not receive the same boost, falling about 7% that Thursday, after an intraday surge of more than 150%.

GD Culture and Addentax share more than just ties to China and a mutual affinity for the president's memecoin:

- both are at risk of being delisted from Nasdaq, a major U.S. stock exchange.

And by promoting investments in cryptocurrencies (and in Trump), these companies may simply be seeking ways to boost their stock prices and maintain their listings in the U.S., securities industry executives said.

"They want to invoke the T word for a boost," said Daniel McClory, head of China at Boustead Securities, an investment bank.

"I bet we will see many more transactions like this, certainly because cryptocurrencies are on the rise "

and do you have Trump's there ???