China A-share memory chip sector rallies; Liyang Chip, Tairui Machine hit limit-up

The move looks like a short-term, sentiment-driven rotation within A-shares rather than a broad sector re-rating, given that only two names hit limit-up while the rest posted more modest gains. It matters mostly for domestic memory-chain traders and for how the sector is read as a proxy for local chip demand sentiment. Whether the rally broadens beyond a handful of names, or fades as quickly as it appeared, is the open question.