A recent surge in Chinese chip stocks has made them some of the most expensive among global peers, and investors are growing increasingly cautious.
The Shanghai Financial Exchange Square, which houses the Shanghai Stock Exchange, China Financial Futures Exchange and the offices of the China Securities Depository and Clearing Corp., left, in Shanghai, China, on Thursday, June 5, 2025. Transactions in China's long-term sovereign bond futures are cooling as traders hold off making bets in the market given continued tariff disputes with the US. Photographer: Qilai Shen/Bloomberg