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China’s Star board cools off on the second trading day, semiconductor firms dip after wild gains


China's new high-tech board - Star market cools off on Tuesday after explosive debut one day earlier, with all but four companies of the 25 stocks listed on the board closing lower as investors took profits from wild gains on Monday, erasing about 9 per cent of the total market capitalisation.

The new board posted a strong rally on Monday, with the 25 shares surging by an average of 140 per cent, some soaring as much as 520 per . . .

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