Hong Kong Stock Movement
QPL INT'L surged 26.15%. Based on recent key news:
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On December 17, QPL INT'L announced a profit alert, expecting a mid-term consolidated profit of between HKD 74 million and HKD 78 million for the period ending October 31, representing an increase of approximately 5.5 to 5.9 times compared to the same period last year. This news drove the stock price up, with a maximum increase of 53.8%. Source: Huigang Communications
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On December 17, Caihua News reported that the increase in QPL INT'L's profit was mainly due to a net fair value gain of approximately HKD 60.3 million from financial assets, a significant increase from HKD 9.5 million in the same period last year. This financial performance boosted market confidence, leading to a rise in stock price. Source: Caihua News
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On December 16, Zhitong Finance reported that QPL INT'L expects to achieve a consolidated profit of approximately HKD 74 million to HKD 78 million for the six months ending October 31, 2025, a significant increase from HKD 11.3 million in the same period last year. This announcement further stimulated the rise in stock price. Source: Zhitong Finance. The overall industry performance is strong, with significant capital inflow.
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Stocks with High Trading Volume in the Industry
SMIC rose 0.39%. Based on recent key news:
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On December 15, SMIC saw large transactions, with a transaction amount exceeding HKD 20 million, indicating increased market attention on the stock, driving the price up.
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On December 14, Huawei released the Mate 80 series, featuring the Kirin 9030 chip manufactured using SMIC's N+3 process, marking progress in SMIC's chip manufacturing technology and enhancing market confidence in its future development.
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On December 16, foreign media reported that China plans to launch a RMB 500 billion support project for the chip industry, which may provide funding support for SMIC, enhancing its market competitiveness. The chip industry is experiencing technological advancements and significant capital inflow.
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Huahong Semiconductor rose 1.51%. Based on recent key news:
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On December 16, the overall chip stocks weakened, and Huahong Semiconductor's stock price fell 2.97%. Trump announced that Nvidia is allowed to export AI chips to China, which may put pressure on domestic chip manufacturers. Source: Zhitong Finance
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On December 15, tech stocks faced pressure in the morning, and Huahong Semiconductor fell 6.05%. Negative news from Broadcom and Oracle raised concerns about an AI bubble, dragging down Hong Kong stocks. Source: Zhitong Finance
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On December 15, analysts pointed out that Huahong Semiconductor's technical indicators show that momentum has not been exhausted, and the stock price may remain above support levels, with expectations of a short-term rebound. Source: Hong Kong 01. The liquidity in Hong Kong stocks is ample, with continuous inflow of southbound funds.
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InnoCare Pharma fell 0.35%. Based on recent key news:
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On December 16, Zhongyou Securities released a research report, stating that InnoCare Pharma's gallium nitride products have made breakthroughs in multiple fields, driving the company's revenue growth of 43.43% year-on-year. The report gave an &#34;overweight&#34; rating, believing that the company's layout in the AI and data center fields will continue to support its growth
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On December 14, Morgan Stanley maintained a &#34;Hold&#34; rating on InnoCare with a target price of HKD 95. Analysts are cautious about the company's future profitability, while the market generally gives a &#34;Moderate Buy&#34; rating with a target price of HKD 105.53.
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On December 16, InnoCare partnered with NVIDIA to promote the implementation of the 800 VDC power architecture, providing technical support for the next-generation GPU roadmap. This collaboration is expected to enhance the efficiency and power density of artificial intelligence data centers. Gallium nitride technology is widely used in various fields, and the market is paying attention to its growth potential.
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Stocks Ranked Among the Top by Market Capitalization in the Industry
Shanghai Fudan rose by 2.52%. Based on recent news:
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On December 16, Trump announced that NVIDIA would be allowed to export H200 AI chips to China, provided that the U.S. government receives a 25% share of the sales. This move could accelerate the training process of AI models in China but puts pressure on domestic AI chip manufacturers' short-term market expansion. As a result, Shanghai Fudan's stock price fluctuated, with a decline of 2.24%. Source: Zhitong Finance
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On December 16, chip stocks weakened overall, with Shanghai Fudan's stock price dropping by 2.24%. Reports indicated that Broadcom was expanding its market share in AI chips, but its gross margin expectations for Q1 2026 declined, increasing investor concerns about AI investment returns. Source: Zhitong Finance
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No other significant news recently. The chip industry is facing policy pressures, and market volatility has intensified
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QPL INT'L surged 26.15%; SMIC rose 0.39%, with a transaction volume of HKD 946 million; Hua Hong Semiconductor increased by 1.51%, with a transaction volume of HKD 458 million; Innovent Biologics fell 0.35%, with a transaction volume of HKD 79.37 million; Shanghai Fudan rose 2.52%, with a market value of HKD 34.1 billion

Hong Kong Stock Movement: Earnings Surprise Ignites Market, QPL INT'L Stock Price Soars 26.15%