Semiconductor stocks are a bright spot for investors at home amid US-China tech rivalry. Photo: Shutterstock Images
Semiconductor stocks are a bright spot for investors at home amid US-China tech rivalry. Photo: Shutterstock Images

Unigroup, StarPower keep Chinese semiconductor stocks flying as home investors sidestep Biden’s subsidy act to counter Beijing’s ambitions

  • An index tracking domestic chip makers has risen 6.8 per cent this month even as Biden signed a US semiconductor subsidy bill into law this week
  • Unigroup Guoxin and StarPower Semiconductor lead pack in Shanghai and Shenzhen, while SMIC pared gains at home and in Hong Kong trading

Semiconductor stocks are a bright spot for investors at home amid US-China tech rivalry. Photo: Shutterstock Images
Semiconductor stocks are a bright spot for investors at home amid US-China tech rivalry. Photo: Shutterstock Images
READ FULL ARTICLE