--- title: "Hong Kong Stock Movement: FOURSEMI surged over 16% on its first day of listing, boosted by both technical strength and market confidence!" type: "News" locale: "en" url: "https://longbridge.com/en/news/282304818.md" description: "FOURSEMI rose 16.47%; SMIC rose 5.21%, with a transaction volume of HKD 5.428 billion; Hua Hong Semiconductor rose 1.32%, with a transaction volume of HKD 1.898 billion; Zhaoyi Innovation rose 13.03%, with a transaction volume of HKD 1.26 billion; Lanqi Technology rose 2.16%, with a market value of HKD 243.2 billion" datetime: "2026-04-10T07:22:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282304818.md) - [en](https://longbridge.com/en/news/282304818.md) - [zh-HK](https://longbridge.com/zh-HK/news/282304818.md) --- # Hong Kong Stock Movement: FOURSEMI surged over 16% on its first day of listing, boosted by both technical strength and market confidence! **Hong Kong Stock Movement** FOURSEMI rose over 16%. Based on recent key news: 1. On April 10, FOURSEMI's stock price surged significantly after its listing in Hong Kong, reaching a new high. The company adopts a Fabless model, focusing on the research and development of smart audio and haptic feedback chips, with its technical strength recognized by the industry. The IPO was oversubscribed by 3,117 times, making it a star stock among hard technology IPOs, driving the stock price up. 2. On April 9, FOURSEMI recorded large transactions, with the transaction price 4.49% lower than the previous closing. Nevertheless, the market's recognition of its technical strength and IPO performance still supports the stock price. 3. On April 8, FOURSEMI's IPO was assisted by several well-known securities firms, demonstrating market confidence in its future development, further driving the stock price up. The Hong Kong stock technology sector has performed strongly recently. **Stocks with High Trading Volume in the Industry** SMIC rose 5.21%. Based on recent key news: 1. On April 8, SMIC announced that it issued a large number of ordinary shares due to the exercise of its stock reward plan, increasing market liquidity. This move may lead to a rise in stock price, with trading volume reaching HKD 5.428 billion. 2. On April 8, the price increase trend in the global semiconductor industry chain accelerated, raising profit expectations in the industry and driving SMIC's stock price up. Analysts pointed out that cost pressures on the supply side and increased AI demand are the main driving factors. 3. On April 9, chip stocks rose across the board, with significant profit growth in the memory chip industry, boosting SMIC's stock price. Global memory chip giants reported better-than-expected performance, enhancing market confidence. The semiconductor industry is experiencing a price increase trend, with profit expectations rising. Huahong Semiconductor rose 1.32%. Based on recent key news: 1. On April 9, Huahong Semiconductor had large transactions at a price of HKD 89.464, with a volume of 258,000 shares, involving HKD 23.0817 million. Large transactions indicate strong market interest in the stock, driving the price up. 2. On April 9, Daiwa released a research report stating that Huahong Semiconductor will inject assets from Huahong Microelectronics, raising the target price from HKD 110 to HKD 116, and reaffirming a "Buy" rating. Daiwa is optimistic about Huahong Semiconductor entering a rising average selling price cycle this year, mainly benefiting from AI-driven demand for mature processes and the overall recovery of the semiconductor industry. 3. On April 7, Huahong stated that the company would formulate reasonable pricing strategies based on customer needs and market dynamics, and enhance average selling prices through product combinations, new product iterations, and price increases. In recent quarters, as downstream demand structurally recovered, the company's average selling price has increased. The semiconductor industry is recovering, with increased AI demand. GigaDevice rose 13.03%. Based on recent key news: 1. On April 7, GigaDevice released its 2025 financial report, showing significant growth in revenue and net profit. In 2025, revenue reached HKD 9.2 billion, a year-on-year increase of 25%; net profit was HKD 1.648 billion, a year-on-year increase of 49.47%. This strong financial performance boosted market confidence, driving the stock price up 2. On April 8th, Zhu Yiming, Chairman of Zhaoyi Innovation, plans to reduce his holdings by no more than 11.21 million shares, accounting for 1.60% of the company's total share capital. Although the reduction plan may put pressure on the stock price, the market's optimistic expectations for the company's future growth offset this impact. 3. On April 9th, shareholders of Zhaoyi Innovation transferred their shares from Citibank to Goldman Sachs (Asia) Securities, with a transfer value of HKD 405 million, accounting for 3.33%. This transfer may reflect the market's continued interest in the company's stock, further supporting the rise in stock price. The semiconductor industry is performing strongly overall, with an upward storage cycle. **Stocks ranked at the top of the industry by market capitalization** Lanke Technology, up 2.16%, with a market capitalization reaching HKD 243.2 billion, and no significant news recently. The trading is active, with clear capital flows. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation ### Related Stocks - [03625.HK](https://longbridge.com/en/quote/03625.HK.md) ## Related News & Research - [The Most Crowded Trade On Earth Is Cracking](https://longbridge.com/en/news/286808606.md) - [Top analysts lift Broadcom targets ahead of Q2 earnings](https://longbridge.com/en/news/286664005.md) - [Imec’s Patrick Vandenameele: Full-stack Innovation Is the Name of the Game](https://longbridge.com/en/news/286875552.md) - [India talks big on AI, but markets are walking away](https://longbridge.com/en/news/286685147.md) - [Why Broadcom stock popped on Thursday](https://longbridge.com/en/news/286446681.md)