--- title: "Hong Kong stock movement: SICC fell 13.21%, as the market's focus intertwines with uncertainty, leading to increased short-term volatility in tech stocks" type: "News" locale: "en" url: "https://longbridge.com/en/news/286512045.md" description: "SICC fell 13.21%; ASMPT fell 1.63%, with a transaction volume of HKD 635 million; Xiexin Technology fell 2.22%, with a transaction volume of HKD 116 million; Xinyi Solar fell 3.24%, with a transaction volume of HKD 112 million; Hantian Tiancheng fell 8.76%, with a market value of HKD 47.5 billion" datetime: "2026-05-15T05:32:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286512045.md) - [en](https://longbridge.com/en/news/286512045.md) - [zh-HK](https://longbridge.com/zh-HK/news/286512045.md) --- # Hong Kong stock movement: SICC fell 13.21%, as the market's focus intertwines with uncertainty, leading to increased short-term volatility in tech stocks **Hong Kong Stock Movement** SICC fell 13.21%. Based on recent news, 1. On May 14, SICC had a large transaction amount exceeding HKD 20 million, indicating high market attention on the stock, but it may also trigger short-term volatility. 2. On May 14, the company self-examined and found that some research reports published by securities companies made predictions about the company's future operating income, profit levels, stock price, and other indicators, which were not confirmed by the company, increasing market uncertainty. 3. On May 13, the Hong Kong stock technology sector strengthened overall, with SICC rising over 12%, but then retracing, showing the market's short-term volatility in tech stocks. The Hong Kong stock technology sector has been active recently, with significant volatility. **Stocks with High Trading Volume in the Industry** ASMPT fell 1.63%. Based on recent key news: 1. On May 15, ASMPT recorded a large pre-market transaction, with a transaction price 1.25% higher than the previous close, involving HKD 260 million. This transaction indicates increased market attention on ASMPT, which may affect stock price volatility. 2. On May 12, ASMPT had a large transaction, with a transaction amount exceeding HKD 20 million, indicating increased investor interest in the stock, which may lead to stock price volatility. 3. On May 14, a Citigroup report pointed out that Hong Kong stocks are not highly valued, and ASMPT was included in the preferred buy list, indicating market confidence in its future performance, which may affect stock price trends. Hong Kong stock valuations are at historical average levels. GCL-Poly Energy fell 2.22%. Based on recent news, 1. On May 14, Citigroup lowered its profit forecast for GCL-Poly Energy for 2026, expecting the company to continue incurring losses, mainly due to weak demand for polysilicon, declining sales prices and volumes, along with increased impairment losses. Citigroup lowered the target price from HKD 1.72 to HKD 1.3, but maintained a "Buy" rating. 2. On May 13, the Silicon Industry Association released a weekly review of polysilicon, indicating increased market activity, stabilized silicon material prices, and some downstream companies beginning to implement inventory replenishment plans, resulting in marginal improvements in market supply and demand structure. 3. On May 13, GCL Group's Sichuan GCL Lithium Battery Technology Co., Ltd. launched its fifth-generation mass-produced high-voltage lithium iron phosphate C18 product and reached deep cooperation with several leading battery cell companies, securing multiple large long-term orders. The supply and demand structure of the polysilicon market has improved, and prices have stabilized. Xinyi Solar fell 3.24%. Based on recent key news: 1. On May 13, tensions in the Middle East led to soaring energy prices, resulting in a surge in solar energy demand in Asia. The installation of solar photovoltaic panels in the Philippine market increased by 70%, and customer inquiries surged sixfold, driving fluctuations in Xinyi Solar's stock price. Source: AP Energy price fluctuations impact the solar industry. **Stocks with High Market Capitalization in the Industry** Hantian Technology fell 8.76%. Based on recent news: 1. On May 15, Hantian Technology triggered a daily MACD zero-axis golden cross signal in the Hong Kong stock market, with a trading volume of approximately HKD 95.78 million, indicating an increase in capital activity As a professional manufacturer in the field of silicon carbide epitaxial wafers, Hantian Tiancheng has recently shown a gradual emergence from the bottom range, with bullish momentum beginning to accumulate. A golden cross forming above the zero axis in the MACD is typically seen as a confirmation signal for a mid-term trend shifting from weak to strong, indicating that the buying power is currently dominating the market rhythm. The semiconductor materials sector continues to be catalyzed by both policy and industry factors ### Related Stocks - [02631.HK](https://longbridge.com/en/quote/02631.HK.md) - [00522.HK](https://longbridge.com/en/quote/00522.HK.md) - [03800.HK](https://longbridge.com/en/quote/03800.HK.md) - [00968.HK](https://longbridge.com/en/quote/00968.HK.md) - [02726.HK](https://longbridge.com/en/quote/02726.HK.md) ## Related News & Research - [SICC Co., Ltd. Schedules Online Briefing on 2025 Results and Q1 2026 Performance](https://longbridge.com/en/news/285742218.md) - [SICC Sets 2025 AGM to Vote on Profit Distribution, Governance Changes and H-Share Mandate](https://longbridge.com/en/news/285569536.md) - [I've been wrong about this tech stock for years, but I've finally bought shares](https://longbridge.com/en/news/286592097.md) - [HSBC Sticks to Its Buy Rating for NWS Holdings (NWSZF)](https://longbridge.com/en/news/286628463.md) - [DJI’s e-bike division tries to defend why its motors are so insanely powerful](https://longbridge.com/en/news/286894898.md)