China's Chip Maker Cambricon Outpaces Wall Street Favorites

BrianTycangco鄭彥渊
01-08 09:00

This is a 1-year chart of $Cambricon Technologies Corporation Limited(688256)$ listed in Shanghai. A 6-bagger.

It's one of China's leading chip manufacturers, often compared with $NVIDIA(NVDA)$ due to its focus on AI. It bested Nvidia's 173% return and even did better than market darling $Palantir Technologies Inc.(PLTR)$ 's 355% gains.

Just one of many examples of big stock market winners out of China that fall outside the usual scope of Wall Street analysts. It's the top holding of the $KraneShares SSE STAR Market 50 Index ETF(KSTR)$ that focuses on stocks listed in China's tech-focused STAR Board.

It's also the 5th largest. holding of $Invesco China Technology ETF(CQQQ)$.

ImageImage

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment