In the PM session, market decreased back to opening level. Till market end, no section led the gain. Medical and Non-ferrous Metal led the fall. In total, both markets traded 740.30 billion RMB, up 24.42%.
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*TSMC Q1 Profit Leaps on Telecom, High-Performance Computing Chips
Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC), the world’s top contract chipmaker, saw its profit nearly double in the first quarter, as strong demand for telecom and high-end computing chips helped it defy a coronavirus-induced downturn seen in many other sectors.
*Online Educator VIPKid Sues Rival GSX for Trade Secret Theft
Online tutoring highflyer VIPKid is teaching one of its rivals a lesson in intellectual property rights.
*Foreign trade of China’s Henan up 4.6% in Q1
The foreign trade of Central China’s Henan province rose 4.6 percent to 107.29 billion yuan ($15.2 billion) in the first quarter this year, local authorities said.
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