New Delhi, July 28 -- As far as listing 'pops' go, China's stock market is in the spotlight.

Shares of Chinese chipmaker ChangXin Memory Technologies leapt by an eye-popping 470% after they were listed for trading on the Shanghai Stock Exchange.

ChangXin makes memory chips and its 8% slice of this booming global business may explain why it's valued at almost half a trillion dollars.

Meanwhile, India has invested heavily in getting its nascent microchip-making industry up to speed.

With self-reliance and export potential as key aims, India announced the second part of its Semiconductor Mission this month.

Its outlay of nearly Rs.1.3 trillion is aimed at developing an end-to-end value chain.

The first part of this policy package, unve...