--- title: "Hong Kong stock movement: ILUVATAR COREX rises 18.72%, with clear capital flow; can market sentiment be sustained?" type: "News" locale: "en" url: "https://longbridge.com/en/news/285034517.md" description: "ILUVATAR COREX rose 18.72%; Semiconductor Manufacturing International Corporation rose 2.96%, with a transaction amount reaching HKD 2.473 billion; Hua Hong Semiconductor rose 6.66%, with a transaction amount reaching HKD 1.282 billion; Wallface Technology rose 4.03%, with a transaction amount reaching HKD 470 million; GigaDevice Semiconductor rose 3.84%, with a market value reaching HKD 341.2 billion" datetime: "2026-05-04T06:21:48.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285034517.md) - [en](https://longbridge.com/en/news/285034517.md) - [zh-HK](https://longbridge.com/zh-HK/news/285034517.md) --- # Hong Kong stock movement: ILUVATAR COREX rises 18.72%, with clear capital flow; can market sentiment be sustained? **Hong Kong Stock Movement** ILUVATAR COREX, up 18.72%, 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** Semiconductor Manufacturing International Corporation (SMIC) up 2.96%. Based on recent key news: 1. On May 4, the net inflow of Hong Kong Stock Connect was HKD 12.192 billion, with SMIC receiving the most inflow at HKD 1.49 billion, indicating that capital inflow is driving the stock price up. Source: KGI Asia 2. On May 4, analysts recommended buying SMIC, with a target price of HKD 93.5. Technical indicators show that the stock price has stabilized above the 10-day moving average, driving the price up. Source: Yu Junlong 3. On May 4, the manufacturing PMI recorded 50.3, indicating robust industrial production, supporting the rise in SMIC's stock price. Source: KGI Asia Manufacturing PMI rises, significant capital inflow. Huahong Semiconductor up 6.66%. Based on recent key news: 1. On April 29, Morgan Stanley released a report maintaining a hold rating on Huahong Semiconductor, with a target price of HKD 88. Although the analyst consensus is moderate buy with a target price of HKD 101.88, the company's stock price closed at HKD 108.10 yesterday, reflecting market optimism about its future performance, driving the stock price up. 2. Recently, market demand for the semiconductor industry has increased, especially in the Hong Kong market, driving up related stocks. As an important company in the industry, Huahong Semiconductor benefits from this trend, with a significant rise in stock price. 3. Significant capital inflow, with trading volume reaching HKD 1.282 billion, showing strong investor interest in the stock, further driving the stock price up. Increased demand in the semiconductor industry and significant capital inflow. Biren Technology up 4.03%, with trading volume reaching HKD 470 million, 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 Semiconductor up 3.84%. Based on recent key news: 1. On May 4, GigaDevice announced a price increase for its memory products, with the gross margin in the first quarter rising by 12.17 percentage points to 57.08%. With tight market supply, niche DRAM product prices are expected to continue rising in 2026, driving the stock price up. Source: Economic Information Daily 2. On May 1, GigaDevice revealed in an investor relations event that the robotics field is a key focus for the company, with its GD32 MCU products widely recognized in robotics applications, further boosting market confidence. Source: People's Financial News 3. On May 1, GigaDevice stated that demand for 2D NAND is growing strongly, with supply gaps widening, and prices may continue to rise, enhancing market expectations for the company's future performance. Source: Securities Times Strong demand in the storage industry, rising prices, risks need to be monitored ### Related Stocks - [09903.HK](https://longbridge.com/en/quote/09903.HK.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) ## Related News & Research - [Semiconductor surge nears historic bubble levels, analysts warn](https://longbridge.com/en/news/286649406.md) - [These 4 market sectors look frothy - and Nvidia's isn't even the biggest bubble](https://longbridge.com/en/news/286810845.md) - [Figure AI had one of its robots race a human to sort packages. 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