Chinese Chip Stocks Slump as Investors Rotate Away From Tech

Chinese Chip Stocks Slump as Investors Rotate Away From Tech

Chinese tech stocks plunged on Thursday, led by high-flying semiconductor names, as concerns over stretched valuations and crowded positioning intensified a rotation out of some of this year’s best-performing sectors.

Chinese tech stocks plunged on Thursday, led by high-flying semiconductor names, as concerns over stretched valuations and crowded positioning intensified a rotation out of some of this year’s best-performing sectors.
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Bloomberg — Markets (EN)




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