$SMIC(00981)$ The performance

The performance of chips has been declining significantly. Could this downturn be attributed to E Fund's decision to reduce its stake in SMIC? It's worth noting that SMIC's A-shares are trading much higher than its Hong Kong counterparts, making the reduction seem reasonable. However, it's concerning that other chip stocks are experiencing drastic declines as well. As the saying goes, "A gentleman does not stand under a dangerous wall." It might be wiser to keep a safe distance from this volatile market.

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