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
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
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
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