Silan Microelectronics stock slides in Shanghai as chip trade turns choppy — what investors watch next
Hangzhou Silan Microelectronics’ A shares fell 2.8% to 30.78 yuan in Shanghai Monday morning, wiping out last week’s chip sector gains. The CSI semiconductor materials and equipment index dropped 4.6% by 9:55 a.m., while some sector ETFs saw net inflows. Hong Kong chip stocks, including SMIC and Hua Hong, also declined early in the session. Investors await Silan’s results update as sector rotation pressures growth stocks.
