Chinese chip stocks rallied on AI optimism, with SMIC shares jumping nearly 9% on Monday.
Hua Hong Semiconductor rose over 7%, while NAURA Technology surged almost 10% and Yangtze Optical Fibre gained 5.5%.
The rally reflects expectations from DeepSeek’s new open‑source AI model and broader policy support for semiconductor self‑sufficiency.
Investors are focusing on AI servers, chip packaging, and advanced manufacturing as China limits US technology access.