Silan Microelectronics stock slides in Shanghai as chip trade turns choppy — what investors watch next
Hangzhou Silan Microelectronics’ A shares on the Shanghai exchange slipped 2.8% to 30.78 yuan Monday morning, erasing gains from last week’s rally in China’s chip sector. The stock fluctuated between 30.72 yuan and 31.58 yuan, while the company’s market cap hovered around 51.35 billion yuan, according to Investing.com.