Chip stocks hit a new record in history, with the closing price of Hang Seng Index breaking through 1000 yuan per share.
On August 20th, the semiconductor sector surged significantly, with the semiconductor index rising by 3.55% at the close, reaching a new high in nearly three years. Semiconductor stocks saw a frenzy today, with Shenkong Communication-U hitting the 20% limit up, and Aiwei Electronics, Core Source, Nanshi Technology, Chengdu Huawei, and Shanghai Hejing all rising by over 10%. The leading artificial intelligence chip manufacturer, Cambricon-U, closed with a gain of 8.46% today, reaching a new high of 1013 yuan/share, breaking the historical record of closing above 1000 yuan/share for the first time. Currently, the stock is ranked second in the A-share market, with a year-to-date gain of 53.95% and a market value of 423.789 billion yuan, making it the chip stock with the highest market value in the A-share market. In the history of the A-share market, including delisted stocks, a total of 8 stocks have had a closing price above 1000 yuan/share, including Zhonganke, Guizhou Maotai, Yunsai Zhilian, Rockchip, Amer, and others. Cambricon-U is the 8th stock to achieve this record, and is also the first stock in AI, chip, and electronic sectors to break the 1000 yuan/share mark.
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