Yuanjie Semiconductor rose to ¥1,439 and became mainland China’s highest-priced stock

Yuanjie took the top spot on China’s mainland stock market on Friday, pushing past Kweichow Moutai and putting chipmakers at the center of the session. Shares of the Chinese laser chip company rose as much as 9.6% to a record ¥1,439. At the same time, Moutai, China’s biggest distiller, logged its worst drop in a […]