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Chinese Stocks Hit One-Year Low as Chip, Optical Firms Slide

Key Points

Chinese shares touched a one-year low, led by a selloff in technology firms after a report that authorities may allow purchases of Nvidia Corp.’s new chips and proposed US sanctions on foreign optical producers.

Chinese shares touched a one-year low, led by a selloff in technology firms after a report that authorities may allow purchases of Nvidia Corp.’s new chips and proposed US sanctions on foreign optical producers.
Chinese (ORG) Nvidia Corp.’s (ORG) US (LOCATION)
Originally published by Bloomberg Markets Read original →