From Google: 2024-09-18 07:01:43

Chinese stocks surged after the government announced a list of advanced chip-making machines, boosting investor confidence. The move comes amid ongoing concerns about the chip shortage in various industries. The Shanghai Composite Index rose by 1.2% following the news, while the tech-heavy STAR Market gained 2.2%. This development signals China’s commitment to addressing critical supply chain issues.



Read more at Google: Chinese stocks jump after government list on advanced chip-making machines – Seeking Alpha