How rumors of a chip breakthrough sparked a China stock rally -EXPLAINED – Economy
Premium Updated Oct 3, 2025, 08:53 PM IST The news, reportedly circulating on social media, suggested that SMEE’s EUV machine was on display at a major trade show in Shanghai. Shares of Shanghai Zhangjiang Hi-Tech Park Development, a stakeholder in SMEE, surged by the daily 10 per cent limit for two consecutive days. How rumors…