China A-share semiconductor stocks rally; Espressif hits intraday high

The breadth of the move — daily-limit locks at Fullhan and Rockchip alongside double-digit gains across a long tail of smaller names — points to a sector-wide re-rating rather than stock-specific news, which is the more telling signal for anyone tracking domestic semiconductor sentiment. Espressif's intraday record stands out because it implies the rally is lifting established leaders, not just speculative small caps. Whether the buying broadens further beyond A-shares into related listings, and whether these gains hold past the session, is the open question worth watching.