Chinese Stocks Lead Global Markets as Chip Shares Skyrocket
Chinese stocks were a standout performer in global markets on Friday, with a benchmark of onshore equities capping its best week since early November amid a rally in semiconductor shares.A gauge of technology shares in mainland China jumped more than 8%, propelled by gains in chipmakers Cambricon Technologies Corp. and Hygon Information Technology Co. The benchmark CSI 300 Index rallied 2.1%, taking its weekly advance to over 4%....
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