Technology
China Chip Stock Pullback Drives Investor Fear to Four-Year High
Key Points
China Chip Stock Pullback Drives Investor Fear to Four-Year High A measure of investor sentiment on China technology hardware is flashing its most bearish reading in over four years as the red-hot rally in chip stocks rapidly cools. The Star 50 Index’s fear/greed indicator, which measures selling strength relative to buying strength, has fallen to its most negative level since April 2022. The semiconductor-heavy gauge has dropped 16% from its June record high as investors position for the...
China Chip Stock Pullback Drives Investor Fear to Four-Year High
A measure of investor sentiment on China technology hardware is flashing its most bearish reading in over four years as the red-hot rally in chip stocks rapidly cools.
The Star 50 Index’s fear/greed indicator, which measures selling strength relative to buying strength, has fallen to its most negative level since April 2022. The semiconductor-heavy gauge has dropped 16% from its June record high as investors position for the blockbuster listing of CXMT Corp.