Chinese Laser Chipmaker Becomes Highest-Priced Stock in China, Surpassing Moutai
A Chinese laser chipmaker, Yuanjie Semiconductor Technology Co., became the highest-priced stock in China, surpassing Kweichow Moutai Co. Yuanjie's shares reached a record high of 1,439 yuan, reflecting investor enthusiasm for advanced technology and AI-related sectors. Meanwhile, Moutai experienced its largest decline in a year due to a sales and profit drop.
Tickers: $GS
Topics: AI supply chain Chinese market consumer staples stock price movement technology stocks