China Resources Microelectronics stock: what traders watch before Shanghai opens after Friday’s bounce
China Resources Microelectronics shares closed Friday up 1.5% at 65 yuan, nearing the top of their recent range after a turbulent week. Margin traders cut exposure, with net margin-financing repayment hitting 68.1 million yuan on Jan. 23. The stock surged 13% on Jan. 16 before dropping 6% three days later. Investors await Beijing’s decision on AI chip imports and the company’s annual report schedule.
