Chinese Semiconductor Stocks Rally on June 11; Juguang Technology Hits 20cm Daily Limit

According to BlockBeats, on June 11, Chinese semiconductor stocks surged at market open, with Juguang Technology hitting its 20cm daily limit and Jiangfeng Electronics rising over 12%. Other chip stocks including Jiehuate, Fuchuang Precision, Zhongwei Semiconductor, Huicheng, and Diao Microelectronics followed the rally. The gains were partly boosted by the Ministry of Industry and Information Technology's issuance of the "AI Plus Information Communications" innovation initiative (2026-2028), which calls for strengthened development of high-end optoelectronic chips and devices, according to Jin10.
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