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In a striking turn of events during the final trading hour this afternoon, Wingtech Technology's stock defied the broader market trend, experiencing a remarkable surge of 9.7%, pushing it perilously close to the daily limit. The stock ultimately settled at 45 yuan per share, propelling the company's total market capitalization to an impressive 56.009 billion yuan. Remarkably, in the last 5 minutes of trading alone, turnover soared past the 1.2 billion yuan mark. On the news front, the Dutch government released a statement on November 7, wherein the Dutch Minister of Economic Affairs, Kaagmans, lauded China's commitment to facilitating the resumption of chip supplies to Nexperia China's manufacturing facility. He expressed optimism that chips supplied by China to Europe and other global regions would swiftly reach Nexperia's clientele in the days ahead.
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