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A top-performing technology fund plans to own SK Hynix Inc.’s shares, betting that tighter supply will further benefit the South Korean AI memory chipmaker after a 1,000% rally in the past year.
Source
Bloomberg Markets
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Emerging Asian equities rose to a record, propelled by continuing enthusiasm for the artificial intelligence trade that’s bolstered global stocks despite the Iran war.
China strengthened oversight of outbound investment through a new directive, tightening cross-border capital flows as its technology rivalry with the US intensifies.
A lot is riding on whether inflation from the Iran war can stay manageable.
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