--- title: "Violent three consecutive rises! \"Hong Kong Stock Hard Technology\" (526050) once rose over 2.5%, SMIC and LENOVO GROUP rose over 2%" type: "News" locale: "en" url: "https://longbridge.com/en/news/287143841.md" description: "The Hong Kong stock market's hard technology sector continues to be strong, with the ETF China Merchants (526050) once rising over 2.5%. Both SMIC and LENOVO GROUP rose over 2%. Catalysts in the semiconductor industry are increasing, with NVIDIA's Q1 revenue exceeding expectations and ChangXin Technology set to IPO. SMIC expects a 14%-16% quarter-on-quarter revenue increase in Q2, while Hua Hong's Q1 net profit increased by 513% year-on-year. This ETF focuses on the semiconductor and consumer electronics sectors, serving as a tool for investing in Hong Kong's hard technology" datetime: "2026-05-21T02:01:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287143841.md) - [en](https://longbridge.com/en/news/287143841.md) - [zh-HK](https://longbridge.com/zh-HK/news/287143841.md) --- # Violent three consecutive rises! "Hong Kong Stock Hard Technology" (526050) once rose over 2.5%, SMIC and LENOVO GROUP rose over 2% On May 21st, during the morning session, the Hong Kong stock market's hard technology sector continued its strong performance. As of 9:36 AM, the China Merchants CSI HK Connect Information Technology Composite ETF (526050) rose by 0.94%, with an intraday increase of over 2.53%, strongly pushing for a third consecutive daily rise. The constituent stocks performed actively—SMIC rose by 2.20%, LENOVO GROUP rose by 2.20%, and Xiaomi Group-W rose by 0.66%. This ETF does not include internet stocks and focuses on hard technology tracks such as semiconductors and consumer electronics, with a continued emphasis on style purity. In terms of news, the semiconductor industry chain is experiencing intensive catalysts. NVIDIA's Q1 revenue reached USD 81.6 billion, a year-on-year increase of +85%, exceeding expectations; Changxin Technology's Sci-Tech Innovation Board IPO is scheduled for May 27th, with increased certainty in the storage expansion cycle. As the leading domestic wafer foundry, SMIC directly benefits from the expansion of storage and the acceleration of domestic substitution processes. The Hong Kong stock semiconductor sector has recently continued to strengthen, with significantly increased capital attention. In terms of performance, SMIC expects a Q2 revenue increase of 14%-16% quarter-on-quarter, while Hua Hong's Q1 net profit increased by 513% year-on-year. The expansion of storage drives demand for wafer foundry, with orders in equipment and manufacturing segments remaining robust. It is understood that the China Merchants CSI HK Connect Information Technology Composite ETF (526050) tracks the CSI HK Connect Information Technology Composite Index, with the top ten holdings covering leading hard technology companies such as SMIC, Hua Hong Semiconductor, Zhaoyi Innovation, LENOVO GROUP, and Xiaomi Group-W, making it a pure tool for investing in the Hong Kong hard technology sector ### Related Stocks - [688981.CN](https://longbridge.com/en/quote/688981.CN.md) - [00992.HK](https://longbridge.com/en/quote/00992.HK.md) - [526050.CN](https://longbridge.com/en/quote/526050.CN.md) - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) - [01810.HK](https://longbridge.com/en/quote/01810.HK.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [01347.HK](https://longbridge.com/en/quote/01347.HK.md) - [688347.CN](https://longbridge.com/en/quote/688347.CN.md) - [603986.CN](https://longbridge.com/en/quote/603986.CN.md) - [HSMD.SG](https://longbridge.com/en/quote/HSMD.SG.md) - [80992.HK](https://longbridge.com/en/quote/80992.HK.md) - [LNVGY.US](https://longbridge.com/en/quote/LNVGY.US.md) - [XIACY.US](https://longbridge.com/en/quote/XIACY.US.md) - [81810.HK](https://longbridge.com/en/quote/81810.HK.md) - [HXXD.SG](https://longbridge.com/en/quote/HXXD.SG.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [03986.HK](https://longbridge.com/en/quote/03986.HK.md) ## Related News & Research - [Buy this China chip stock, Citi says](https://longbridge.com/en/news/286775385.md) - [Nomura Remains a Buy on Lenovo Group (LNVGF)](https://longbridge.com/en/news/287135528.md) - [Not much Nvidia? It's no problem for this semiconductor ETF](https://longbridge.com/en/news/286913028.md) - [New Buy Rating for Semiconductor Manufacturing International (0981), the Technology Giant](https://longbridge.com/en/news/286533307.md) - [The Storage Center Opens Modern Climate-Controlled Storage Facility in Sulphur](https://longbridge.com/en/news/287072469.md)