Published Fri, Aug 22, 2025 · 05:45 PM
[SHANGHAI] Chinese stocks were a standout performer in global markets on Friday (Aug 22), with a benchmark of onshore equities capping its best week since early November amid a rally in semiconductor shares.
A gauge of technology shares in mainland China jumped more than 8 per cent, propelled by gains in chipmakers Cambricon Technologies and Hygon Information Technology. The benchmark CSI 300 Index rallied 2.1 per cent, taking its weekly advance to over 4 per cent.
The surge in semiconductor stocks came after a report that Nvidia had asked suppliers such as South Korea’s Samsung Electronics to halt production related to its H20 artificial intelligence chips. The report fuelled investor bets that Chinese players would be expected to serve as alternative suppliers. Shares of Cambricon as well as Hygon finished the session up 20 per cent.
“If H20 production is halted, it means China’s chip…
