China.Table Feature Financial market

Tech stocks: After the rally comes the reality check

After strong price gains this year, China’s stock markets are consolidating. Tech stocks continue to trade at elevated valuations, as seen most recently in the IPO of chip developer MetaX. Analysts expect more moderate gains in 2026.

18. December 2025
AI chip developer MetaX launched one of the biggest IPOs of the year in China this week. (Imago)

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Last updated: 18. December 2025