Hong Kong stock Star Plus Legend, which is tied to pop star Jay Chou, continue to soar 142.5% on Wednesday.
Douyin confirmed that Taiwanese superstar Jay Chou has joined its platform with the verified account "Zhou Tong Xue (literal translation of "周同学", meaning "Classmate Chou"), certified as a singer, amassing 50,000 followers within 10 minutes. Earlier rumors of a nine-figure signing fee were dismissed by a Douyin spokesperson as false.
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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