Amid the semiconductor and artificial intelligence (AI) rally in the global stock market, technology..
https://www.mk.co.kr/en/stock/11936289
Publish Date: 2026-01-18 03:47:00
Source Domain: www.mk.co.kr
- The Chinese technology-focused stock exchanges, Shenzhen Stock Exchange’s ChiNext and Shanghai Stock Exchange’s Kuchangban, have significantly outpaced gains in Korea’s KOSDAQ and the U.S. Nasdaq, driven primarily by semiconductors and AI sectors.
- Over the past month, ChiNext and Kuchangban have seen increases of more than 10% and 14%, respectively, while over six months they rose 33% and 51%, compared to KOSDAQ’s 4% and 18% and Nasdaq’s 2% and 13%.
- The rapid growth of the Kuchangban is attributed to “national technology stocks,” specifically semiconductors and AI, strategically supported by the Chinese government.
- The surge is also fueled by improved investor sentiment and a reassessment of Chinese technology stocks following a “deep shock” a year prior, as well as significant investment from “middle school ants” (Korean investors) in the Chinese market.
- Companies like Cambricon Technology and SMIC (China’s largest foundry company) have seen substantial increases in stock prices, reflecting technological independence efforts and policy support from the Chinese government despite U.S. sanctions.
