Shares of Chinese chip makers tumbled on Thursday after state fund support that had briefly steadied broader tech stocks earlier in the week failed to hold back a sector that analysts say has long been overvalued. Among the hardest hit, Hua Hong Grace Semiconductor plunged 12.58%, Beijing YanDong Micro Electronic fell 10.55%, Ningbo Silicon Electronics […]The post Chinese chip stocks dive as overvaluation defies Beijing’s rescue appeared first on Asia Times.