Vegan Burgers Have Kickstarted a Dangerous Stock Frenzy in China

  • Companies have distanced themselves from substitute meat
  • Hefei Fengle and Yantai Shuangta have risen over 76% in May

Ethan Brown rings the opening bell during the company's IPO.

Photographer: Michael Nagle/Bloomberg
Lock
This article is for subscribers only.

Sign up for Next China, a weekly email on where the nation stands now and where it's going next.

A meat-substitute inspired rally in Chinese stocks may lack substance.