China's STAR 50 Index surged 107% in one year on AI spending and government tech support, but hardware stocks must deliver earnings to sustain the rally.

China's STAR 50 Index surged 107% in one year on AI spending and government tech support, but hardware stocks must deliver earnings to sustain the rally.

Chinese AI and semiconductor companies are driving an onshore IPO rebound with billion-dollar debuts, 400%+ first-day gains, and massive oversubscription