No Data
Investigate China's chips? A USA group suggests caution.
Recently, the Semiconductors Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer regarding the Biden administration's decision to launch a Section 301 trade investigation, focusing on China's behaviors, policies, and practices aimed at dominating the Semiconductors Industry.
Express News | The spokesperson for the Ministry of Commerce commented on the USA's initiation of a 301 investigation into China's chip industry-related policies.
Express News | The White House will investigate mature-process chips made in China.
Chip stocks showed strong performance at the beginning, with Semiconductor Manufacturing International Corporation (00981) rising by 3.71%. Institutions indicate that the independence and controllability of Semiconductors will be a long-term trend.
Jinwu Financial News | Chip stocks are strong at the beginning of the trading session. As of the time of writing, Semiconductor Manufacturing International Corporation (00981) is up 3.71%, SOLOMON SYSTECH (02878) is up 2.13%, Beike Micro (02149) is up 1.69%, HUA HONG SEMI (01347) is up 1.4%, SHANGHAI FUDAN (01385) is up 1.03%.
Solomon Systech Secures Testing Services Agreement
Market quick glance | The three major Indices showed mixed results, with the tech index slightly rising, Xiaomi and Tencent increasing nearly 3%; Semiconductors stocks were strong, with Semiconductor Manufacturing International Corporation rising over 8%;
Network Technology stocks performed poorly, KUAISHOU-W fell by 5.42%, Alibaba-W dropped by 3.44%; most Coal Industrial Concept stocks declined, SOUTHGOBI fell by 12.02%, China Coal Energy dropped by 6.37%; many Hong Kong Retail Stocks fell, PRADA decreased by 3.80%, BOSSINI INT'L dropped by 3.48%;
