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⚡ Markets: Highlights the high valuations being placed on companies involved in China's push for semiconductor self-sufficiency, particularly in AI. A positive indicator for China's tech sector despite broader economic headwinds.Enflame TechnologyTencentChinese tech ETFs
Shares of Enflame Technology, a Tencent-backed AI chip designer seen as a domestic rival to Nvidia, surged nearly 200% on their first day of trading in Shanghai. The strong debut reflects intense investor demand for AI-related assets in China.
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