Chinese Stocks Lead Global Markets as Chip Shares Skyrocket

The article reports that Chinese stocks led global markets on Friday, with a benchmark of onshore equities posting its best weekly performance since early November. The surge was driven by a rally in semiconductor shares. Chinese stocks outperformed other global markets, as investors focused on the country's chip industry. The article suggests that the strong performance of Chinese stocks, particularly in the semiconductor sector, was a significant factor in the overall global market movement on the day.
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