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Equity Bottom-Up

Cambricon Technologies  Lt / Equity Bottom-Up

<ul><li>Shares of Chinese AI chipmaker Cambricon Technologies Corp. Ltd. (<a href="https://www.smartkarma.com/688256.SH" target="_blank" rel="noopener">688256.SH</a> +3.24%) surged Monday, bringing the company to the brink of unseating Kweichow Moutai Co. Ltd. (<a href="https://www.smartkarma.com/600519.SH" target="_blank" rel="noopener">600519.SH</a> -2.27%) as the most expensive stock on China’s A-share market.</li><li>Cambricon’s stock closed up 11.4% on Monday at 1,384.93 yuan ($191.07) per share, just shy of the fiery liquor-maker Kweichow Moutai, which closed at 1,490.33 yuan.</li><li>The chip company’s shares have more than doubled since mid-July and have climbed over 562% since September 2024. The rally has pushed Cambricon’s price-to-earnings ratio to 4,463 times, far exceeding Moutai’s 20 times.</li></ul>

Shares of Chinese AI chipmaker Cambricon Technologies Corp. Ltd. (688256.SH +3.24%) surged Monday, bringing the company to the brink of unseating Kweichow Moutai Co. Ltd. (600519.SH -2.27%) as the most expensive stock on China’s A-share market.Cambricon’s stock closed up 11.4% on Monday at 1,384.93 yuan ($191.07) per share, just shy of the fiery liquor-maker Kweichow Moutai, which closed at 1,490.33 yuan.The chip company’s shares have more than doubled since mid-July and have climbed over 562% since September 2024. The rally has pushed Cambricon’s price-to-earnings ratio to 4,463 times, far exceeding Moutai’s 20 times.

AIチップメーカーのカンブリコンが中国で最も高価な銘柄に近づく 