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The Nexus
BUSINESSMay 23 · 02:30 UTCSCMP WORLDDaniel Ren

For China’s ailing developers, retail frenzy greets semiconductor side-hustles

Chinese property developers struggling with business challenges are diversifying into semiconductor production, leading to significant stock price surges for some listed companies. This shift has triggered a retail investor buying frenzy in the A-share market, with 'chip-themed stocks' becoming highly favored.

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