--- title: "Hong Kong stock movement: HUA HONG SEMI rises 10.67%, significant large transactions, market sentiment fluctuates and hovers at a high level" type: "News" locale: "en" url: "https://longbridge.com/en/news/285300744.md" description: "HUA HONG SEMI rose 10.67%; SMIC rose 8.90%, with a transaction volume reaching HKD 10.4 billion; GigaDevice rose 14.16%, with a transaction volume reaching HKD 1.219 billion; Montage Technology rose 18.01%, with a transaction volume reaching HKD 1.062 billion; Tenstorrent rose 13.55%, with a market value reaching HKD 160.9 billion" datetime: "2026-05-06T02:52:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285300744.md) - [en](https://longbridge.com/en/news/285300744.md) - [zh-HK](https://longbridge.com/zh-HK/news/285300744.md) --- # Hong Kong stock movement: HUA HONG SEMI rises 10.67%, significant large transactions, market sentiment fluctuates and hovers at a high level **Hong Kong Stock Movement** HUA HONG SEMI rose 10.67%. Based on recent key news: 1. On May 6, HUA HONG SEMI's stock price fell back after reaching a recent high, with significant capital inflow. The chip sector showed mixed developments, with HUA HONG SEMI recording continuous capital inflow, and the stock price fluctuated at high levels, retreating to around HKD 120 after reaching a recent high. Source: LunTan ZhongShi 2. On May 6, HUA HONG SEMI had large transactions exceeding HKD 20 million, indicating increased market attention. The large transaction price was HKD 128.8, with a quantity of 157,000 shares, involving HKD 20.2216 million. Source: HuiGang TongXun 3. On May 6, concerns about the Middle East situation affected overall market sentiment, with the Hang Seng Index constrained by the 26,000-point mark. The market worried about the resurgence of conflict in the Middle East, with external stock markets showing mixed developments, and the Hang Seng Index fell about 200 points, hovering around 25,800 points. Source: LunTan ZhongShi Capital inflow in the chip industry is significant, with market sentiment fluctuating. **Stocks with High Trading Volume in the Industry** SMIC rose 8.90%. Based on recent key news: 1. On May 6, SMIC saw multiple large transactions, with prices between HKD 73.75 and HKD 79.00, and transaction amounts exceeding HKD 1.14 billion, indicating strong market interest in the stock, driving the price up. 2. On May 4, the net inflow of Hong Kong Stock Connect was HKD 12.192 billion, with SMIC receiving the most inflow, reaching HKD 1.49 billion, significantly enhancing market confidence and boosting the stock price. 3. On May 4, the Chinese government promoted the localization of the chip supply chain, aiming for over 70% of silicon wafers used by domestic chip manufacturers to come from local suppliers this year, enhancing SMIC's market competitiveness and further stimulating stock price increases. The manufacturing PMI rose, and economic recovery slowed. GigaDevice rose 14.16%. Based on recent key news: 1. On May 4, GigaDevice disclosed price increases for memory products, with the gross profit margin in the first quarter rising by 12.17 percentage points to 57.08%. Market supply is tight, and prices for niche DRAM products are expected to continue rising, driving the stock price up. Source: JingJi Tong TongXun She 2. On May 4, GigaDevice shareholders transferred stocks from HSBC Hong Kong Shanghai Bank to Citibank, with a transfer value of HKD 900 million, accounting for 5.78%. This move shows investors' confidence in the company's prospects, further driving the stock price up. Source: ZhiTong CaiJing 3. On May 4, analysts are optimistic about the memory sector, believing that companies like GigaDevice have products in high demand, and the growth trend in the memory sector is strong, boosting stock prices. Source: ZhiTong CaiJing The memory sector is driven by AI development, with a promising outlook. Lanqi Technology rose 18.01%, with a transaction amount reaching HKD 1.062 billion, and there has been no significant news recently. Trading is active, with clear capital flow, and considering the sector and industry trends, the stock shows significant volatility, with specific reasons needing further observation **Stocks Ranked Among the Top in Market Capitalization in the Industry** Tianshu Zhixin, up 13.55%, with a market capitalization reaching HKD 160.9 billion, has no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation ### Related Stocks - [01347.HK](https://longbridge.com/en/quote/01347.HK.md) - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) - [03986.HK](https://longbridge.com/en/quote/03986.HK.md) - [06809.HK](https://longbridge.com/en/quote/06809.HK.md) - [09903.HK](https://longbridge.com/en/quote/09903.HK.md) ## Related News & Research - [Morgan Stanley Reaffirms Their Hold Rating on Hua Hong Semiconductor Ltd. 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