--- title: "Hong Kong Stock Movement: NOVOSENSE rises 15.76%, with clear capital flow; what risks are hidden behind the high market sentiment?" type: "News" locale: "en" url: "https://longbridge.com/en/news/285872286.md" description: "NOVOSENSE rose 15.76%; SMIC rose 4.91%, with a transaction volume of HKD 3.447 billion; Hua Hong Semiconductor rose 5.96%, with a transaction volume of HKD 2.688 billion; Montage Technology rose 18.00%, with a transaction volume of HKD 961 million; GigaDevice rose 10.10%, with a market value of HKD 378.2 billion" datetime: "2026-05-11T02:47:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285872286.md) - [en](https://longbridge.com/en/news/285872286.md) - [zh-HK](https://longbridge.com/zh-HK/news/285872286.md) --- # Hong Kong Stock Movement: NOVOSENSE rises 15.76%, with clear capital flow; what risks are hidden behind the high market sentiment? **Hong Kong Stock Movement** NOVOSENSE, up 15.76%, 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 4.91%. Based on recent key news: 1. On May 8, SMIC saw large transactions with a trading amount exceeding HKD 20 million, indicating strong market interest in the stock, driving the price up. According to Huigang Communications, the transaction price ranged between HKD 73.50 and HKD 74.00, involving funds of HKD 45.3713 million. 2. On May 9, SMIC founder Zhang Rujing emphasized the goal of self-reliance in the domestic semiconductor industry during an interview, pointing out the vast market space for distributed AI applications, which enhanced investor confidence in the company's future development, further supporting the stock price increase. The semiconductor industry has performed strongly recently, with significant capital inflow. Huahong Semiconductor, up 5.96%. Based on recent key news: 1. On May 8, Huahong Semiconductor saw large transactions with a trading amount exceeding HKD 20 million, indicating strong market interest in the stock, driving the price up. Source: Huigang Communications 2. On May 8, Montage Technology's stock price rose, boosting the overall semiconductor sector, and Huahong Semiconductor also benefited from this trend, reaching a new high. Source: Guandian Network 3. On May 10, the AI industry's demand for MCU chips surged, driving up the stock prices of related companies. As a member of the semiconductor sector, Huahong Semiconductor benefited from the overall positive industry outlook. Source: Guandian Network. The semiconductor sector has performed strongly recently, with significant capital inflow. Montage Technology, up 18%. Based on recent key news: 1. On May 8, Montage Technology was fervently pursued in the Hong Kong stock market, with its stock price soaring 17%, breaking a 40% premium over its A-share price. The AI investment boom has driven demand for memory interface chips, enhancing valuation premiums. Source: Zhitong Finance 2. On May 11, storage concept stocks opened higher collectively, with Montage Technology rising 14.75%. The global storage chip market remains hot, benefiting from the massive storage demand triggered by AI. Source: Zhitong Finance 3. On May 8, Citi raised its earnings forecast for Montage Technology, giving a target price of HKD 447.2 and maintaining a "highly confident outperform" rating. The company's new products have a large market scale and accelerated growth. Source: Zhitong Finance. Demand for storage chips is strong, and the industry is in a high prosperity phase. **Stocks with High Market Capitalization in the Industry** GigaDevice, up 10.10%. Based on recent key news: 1. On May 11, storage concept stocks benefited from the AI boom, with global demand for storage chips surging, leading to an increase in GigaDevice's stock price. Zhitong Finance reported that the heat in the storage chip market remains strong, with the capital expenditure of the world's nine major cloud service providers revised up to USD 83 billion, driving the stock price up 2. On May 8th, the investment boom in artificial intelligence drove the mainland memory hardware sector to attract capital in the Hong Kong stock market, with a premium of over 34% for Zhaoyi Innovation's H shares compared to its A shares. According to the latest data, semiconductor leader Huaqin Technology and Zhaoyi Innovation performed strongly in the Hong Kong stock market, attracting international capital inflows. 3. On May 8th, Zhaoyi Innovation's chairman Zhu Yiming reduced his holdings by approximately 3.4388 million A shares, with a market value of up to 1.2 billion RMB. This move may affect market expectations for the company's future stock price. The demand for memory chips is strong, and the industry is experiencing high prosperity ### Related Stocks - [02676.HK](https://longbridge.com/en/quote/02676.HK.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) ## Related News & Research - [AI boom puts SK Hynix on the cusp $1 trillion market value](https://longbridge.com/en/news/286347462.md) - [Citi Forecasts Jaw-Dropping 52% Surge For Sandisk Stock as Global AI Memory Shortages Reach Boiling Point](https://longbridge.com/en/news/286921627.md) - [Dell Technologies Rewrites the Rules of Storage Modernization and Performance with Dell PowerStore Elite | DELL Stock News](https://longbridge.com/en/news/286947350.md) - [Sandy Fire: U-Haul Offers 30 Days Free Storage to Simi Valley Evacuees | UHAL Stock News](https://longbridge.com/en/news/286825256.md) - [Semiconductor surge nears historic bubble levels, analysts warn](https://longbridge.com/en/news/286649406.md)