--- title: "Hong Kong stock movement: DRINDA increased by 15.14%, with clear capital flow, market sentiment triggered volatility attention" type: "News" locale: "en" url: "https://longbridge.com/en/news/277131481.md" description: "DRINDA rose 15.14%; SMIC rose 0.30%, with a transaction volume of HKD 857 million; Hua Hong Semiconductor fell 2.25%, with a transaction volume of HKD 505 million; Innovent Biologics fell 4.60%, with a transaction volume of HKD 251 million; Zhaoyi Innovation fell 6.34%, with a market value of HKD 279.5 billion" datetime: "2026-02-27T02:27:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277131481.md) - [en](https://longbridge.com/en/news/277131481.md) - [zh-HK](https://longbridge.com/zh-HK/news/277131481.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/277131481.md) | [繁體中文](https://longbridge.com/zh-HK/news/277131481.md) # Hong Kong stock movement: DRINDA increased by 15.14%, with clear capital flow, market sentiment triggered volatility attention **Hong Kong Stock Movement** DRINDA, up 15.14%, with no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Trading Volume in the Industry** SMIC, up 0.30%. Based on recent key news: 1. On February 26, SMIC announced that its application document for issuing shares to purchase assets has been accepted by the Shanghai Stock Exchange. This move is seen as an important step for the company to expand its business and enhance market competitiveness, potentially boosting investor confidence and driving up the stock price. Source: Economic Information Daily 2. On February 25, Nikkei reported that SMIC plans to significantly increase advanced chip production to meet artificial intelligence demand. This news indicates the company's active expansion in technology and capacity, which may enhance market expectations for its future growth. Source: Nikkei 3. On February 25, SMIC recorded a large non-automatic matching transaction with a transaction amount of 95.04 million yuan, showing strong market interest and active trading in the stock. Source: Economic Information Daily AI demand drives expansion in the chip industry, making the market active. Huahong Semiconductor, down 2.25%. Based on recent news: 1. On February 25, major Chinese chip manufacturers plan to increase advanced semiconductor production to meet artificial intelligence demand. Companies like Huahong Semiconductor and SMIC are expanding or planning to start production of the most advanced chips, aiming to increase output from the current less than 20,000 wafers to 100,000 wafers. This news raised market concerns about the company's future profitability, leading to a decline in stock price. Source: Nikkei 2. On February 24, CMB International released a research report predicting Huahong Semiconductor's Q1 2026 revenue to be $657 million, with a gross margin of 14.0%. Although the company's expansion is highly certain, the gross margin forecast is slightly below market expectations, leading to a dampening of investor sentiment. Source: Zhitong Finance 3. On February 25, foreign media reported that despite ongoing industry restrictions by the U.S., with strong support from the Chinese government, companies like Huahong Semiconductor are striving to double advanced semiconductor production. Concerns about Sino-U.S. trade friction have intensified, further affecting Huahong Semiconductor's stock performance. Source: Foreign media reports on intensified concerns about Sino-U.S. trade friction, requiring close attention. InnoCare Pharma, down 4.60%, with a trading volume of 251 million Hong Kong dollars, and no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Market Capitalization in the Industry** GigaDevice, down 6.34%. Based on recent key news: 1. On February 24, Changxin Technology's Sci-Tech Innovation Board IPO was accepted, intending to raise 29.5 billion yuan to expand advanced process capacity, marking a new stage in China's storage chip localization process. GigaDevice, as one of the beneficiaries, has attracted market attention, but concerns about its profitability in the short term have led to a decline in stock price. Source: Zhitong Finance 2. On February 26, the smartphone brand plans to significantly adjust prices, with memory chip prices soaring over 80%. As a supplier of storage chips, Zhaoyi Innovation has long benefited from rising prices, but in the short term, market concerns about cost pressures have intensified, affecting stock performance. Source: Wall Street Watch 3. On February 24, the United States imposed a new 10% tariff on global goods, increasing market uncertainty and impacting the overall performance of technology stocks. As part of the tech sector, Zhaoyi Innovation is affected by changes in macroeconomic policies, putting pressure on its stock price. Source: Jinshi Data Storage chip price fluctuations exacerbate market uncertainty ### Related Stocks - [DRINDA (02865.HK)](https://longbridge.com/en/quote/02865.HK.md) ## Related News & Research - [Hainan Drinda Says No Undisclosed Matters Behind Sharp Share Price Move](https://longbridge.com/en/news/273724128.md) - [China Merchants Port posts FY net income attributable HKD6,457 mln](https://longbridge.com/en/news/281121616.md) - [Huatai Securities Reaffirms Their Buy Rating on BOC Hong Kong (Holdings) (BNKHF)](https://longbridge.com/en/news/281318016.md) - [China's detentions of Panama-flagged vessels raise concerns, Rubio says](https://longbridge.com/en/news/281541796.md) - [Hansoh Pharmaceutical Group (SEHK:3692) Net Margin Strength Backs Bullish Narratives](https://longbridge.com/en/news/281032561.md)