China’s semiconductor industry is being affected by the tightening of tightening by the Chinese government.
China Central Television (CCTV) has claimed in an editorial yesterday that Chinese regulators will not forgive speculation in the market. As a result, related stocks fell on the stock market on the 9th.
China’s largest semiconductor foundry (contract manufacturing), Semiconductor Manufacturing International Corporation (SMIC), is 5% cheaper in the Hong Kong market. Huahong Semiconductor fell 5.7%, the sharpest drop in almost three months. Will Semiconductor, which is listed on the Shanghai market, also fell 5.7%, and Hubei Taiwan semiconductors fell 3.3%.
Chinese government continues to tighten tech companies
(Source: Bloomberg)
Chinese officials suspect price-fixing of automotive semiconductor makers earlier this monthHe also announced that he was investigating, and caution was spreading to the industry, where stock prices were rising due to a global shortage of semiconductors.
Stock prices of SMIC and Huahong Semiconductor, Hong Kong market on 9th
Source: Bloomberg
news-rsf-original-reference paywall">Original title:
Chinese Chipmakers Slump as Beijing Sends Speculation Warning（抜粋）
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