While China’s chip stocks have been in a tailspin, the temporary absence of one of the industry’s biggest fund managers has rattled investors. Photo: Shutterstock
Chinese tech fund manager’s vacation rattles chip investors amid industry downturn, corruption probe
- Cai Songsong, known for his heavy chip stock investments, said he is just on vacation after his absence became conspicuous amid industry troubles
- Chinese chip stocks in Shanghai and Shenzhen have been plummeting after a boom period amid pressure from US sanctions and a local corruption probe
While China’s chip stocks have been in a tailspin, the temporary absence of one of the industry’s biggest fund managers has rattled investors. Photo: Shutterstock
