Chinese chip stocks plunge in Hong Kong after new US export controls promise to crimp Beijings tech (gglover@insider.com (George Glover)/Insider: Tech)

gglover@insider.com (George Glover) / Insider: Tech
Chinese chip stocks plunge in Hong Kong after new US export controls promise to crimp Beijings tech – Chinas biggest chipmaker falls almost 4% after the publication of new export controls will cut China off from semiconductors made with US tools.Biden and Xi JinpingThe US introduced new curbs on Chinese tech exports Friday. Frederic J. Brown/AFP via Getty Images Shares in Chinese chipmakers fell sharply on Monday after …

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