Chinese semiconductor stocks extend rebound; Yourui New Materials and two others hit limit-up

The breadth of the move — limit-ups at three names alongside double-digit and high-single-digit gains across a wider list — suggests this is a sector-wide repricing rather than an isolated story at one company. That matters because it signals domestic sentiment toward China's chip supply chain is firming even without a specific catalyst in the item. The read-across for RWA and tokenized-equity markets is indirect: sustained equity momentum in Chinese semis is the kind of narrative that tends to shape how offshore and on-chain exposure to the theme gets priced. Whether the rebound holds once the limit-up names reopen for trading is the open question.