Hong Kong Stock Movement
HUA HONG SEMI rose 13.58%. Based on recent key news:
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On May 26, Huawei released a new chip design principle &#34;Tao Law,&#34; driving semiconductor stocks up. HUA HONG SEMI's stock price once rose over 20%, reaching a historic high. Huawei's technological breakthrough is believed to reshape the competitive landscape of the global semiconductor industry, driving technological updates in the upstream and downstream industrial chains. Source: Now News Channel
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On May 26, the Hang Seng Tech Index rose 1.59%, with HUA HONG SEMI, as one of the constituent stocks, rising over 10%. Related ETFs were actively traded, showing strong market interest in tech stocks. Source: Economic Information Agency
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On May 27, HUA HONG SEMI's stock price continued to rise, reaching a high of HKD 156.6. A report from Citi Research pointed out that Huawei's &#34;Tao Law&#34; could accelerate the development of China's semiconductor industry, with HUA HONG SEMI seen as a potential beneficiary. Source: Economic Information Agency, high market attention on semiconductor industry technological breakthroughs.
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Stocks with High Trading Volume in the Industry
SMIC rose 7.57%. Based on recent key news:
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On May 25, Huawei released a new semiconductor law, boosting stocks in the mainland semiconductor industry chain, with SMIC's stock price soaring 18.78%, reaching a historic high. Analysts believe that under the semiconductor expansion wave, there is vast room for localization, benefiting SMIC.
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On May 26, Huawei stated that there were breakthroughs in chip technology, significantly boosting chip stocks, with SMIC opening about 15% higher. Huawei's new technology is believed to narrow the technological gap with TSMC, driving SMIC's stock price up.
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On May 27, Huawei's chip technology achieved breakthroughs, with expectations that high-end chip transistor density will reach 1.4 nm process level in a few years. SMIC's stock price once rose to HKD 93, reaching a recent high. Positive market sentiment on semiconductor industry technological breakthroughs.
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GigaDevice fell 3.86%. Based on recent news:
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On May 26, GigaDevice announced abnormal stock trading fluctuations, stating that the cumulative price deviation of the company's stock closing price exceeded 20% over three consecutive trading days. The company clarified that there were no significant matters affecting abnormal price fluctuations, and production and operation were normal. This announcement attracted market attention, leading to stock price volatility.
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On May 26, GigaDevice's controlling shareholder Zhu Yiming reduced his holdings by a total of 6.3299 million shares through centralized bidding and block trading from May 11 to May 25, accounting for 0.90% of the company's total share capital. This reduction raised market concerns, leading to a drop in stock price.
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On May 27, on the eve of Changxin Technology's IPO meeting, Zhu Yiming significantly reduced his holdings in GigaDevice. Increased market attention on Changxin Technology's IPO led to fluctuations in GigaDevice's stock price. The memory industry cycle is upward, with an optimized supply-demand structure.
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Lianqi Technology fell 1.58%, with a trading volume of HKD 483 million. Based on recent key news:
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On May 26, Shanghai Rongying Enterprise Management Partnership, a shareholder of Lanqi Technology, sold 12.228 million A shares through inquiry, accounting for about 1% of the total share capital, cashing out approximately RMB 3.06 billion. This move has attracted market attention to the reduction of holdings by the company's shareholders, leading to a decline in stock prices. Source: Economic Information Daily
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On May 25, a large-scale reduction of holdings by shareholders occurred in the semiconductor sector, with Lanqi Technology among them, with a reduction scale of RMB 3.324 billion. The market has differing views on the high valuation of the semiconductor sector, leading to stock price fluctuations. Source: Jinshi Data
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On May 27, Goldman Sachs raised the target price for Lanqi Technology and reiterated a &#34;Buy&#34; rating, expecting the company to benefit from the increased demand for memory interface ICs driven by the growth of AI workloads. Despite the rating upgrade, the market reacted more strongly to the short-term reduction of holdings. Source: Zhito Finance, high valuation of the semiconductor sector has caused market divergence.
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Stocks ranked at the top of the industry market capitalization
Tianshu Zhixin fell 5.41%. Based on recent key news:
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On May 26, the China Information Security Evaluation Center and the National Confidentiality Technology Evaluation Center jointly announced that Tianshu Zhixin's KCC-V100X chip passed the security and reliability evaluation, with the stock price rising by 12% at one point. This move marks the inclusion of domestic AI computing power infrastructure into the national information security certification system, enhancing market confidence in its security.
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On May 22, the results of the quarterly review of the Hang Seng Index series were released, and Tianshu Zhixin was included in the Hang Seng Composite Index constituent stocks, with the changes taking effect from June 8. Haitong International pointed out that Tianshu Zhixin, as a pioneer in China's dual-line GPU field, has a significant discount relative to its potential valuation, and joining the Hong Kong Stock Connect will become a short-term revaluation catalyst.
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On May 26, the application of silicon carbide epitaxy in AI chip cooling is gradually maturing. With the support of the Huawei supply chain, Tianshu Zhixin is expected to consolidate its industry-leading position. Competition in the AI chip industry is intensifying, and policy support is strengthening
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HUA HONG SEMI rose 13.58%; SMIC rose 7.57%, with a transaction volume reaching HKD 10.5 billion; Gigadevice fell 3.86%, with a transaction volume reaching HKD 607 million; Montage Technology fell 1.58%, with a transaction volume reaching HKD 483 million; Tianshu Zhixin fell 5.41%, with a market value of HKD 128.9 billion

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HUA HONG SEMI

Hong Kong Stock Movement: Huawei's "Tao's Law" Leads Semiconductor Boom, HUA HONG SEMI Stock Price Soars 13.58% to Set New Historical High!