Hong Kong Stock Movement
BIREN TECH rose 14.76%. 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 announced that AI training inference chips were included in the evaluation system for the first time, and BIREN TECH's Bili™166 chip was rated as safe and reliable level I, driving the stock price up.
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On May 26, Citibank released a research report, pointing out that emerging AI applications will drive global and Chinese memory demand growth. BIREN TECH benefits from domestic substitution and high-end optical interconnection demand, leading to a rise in stock price.
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On May 27, the Hang Seng Index Company included BIREN TECH in the Hang Seng Composite Index, with market expectations that it is likely to be added to the Hong Kong Stock Connect eligible pool, opening up a channel for southbound capital inflow, resulting in a stock price increase. Demand for AI chips is growing, and domestic substitution is accelerating.
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Stocks with High Trading Volume in the Industry
SMIC fell 4.08%. Based on recent news,
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On May 26, the National Integrated Circuit Industry Investment Fund reduced its holdings in SMIC by 7 million shares, putting pressure on the stock price. After the reduction, the holding ratio dropped to 7.99%, and the stock price fell by 4.08%. Source: Zhitong Finance
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On May 27, Huawei's chip technology breakthrough boosted market confidence in chip stocks, and SMIC's stock price briefly rose to 93 yuan, reaching a recent high. Source: Lun Tan Zhong Shi
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On May 28, the Hang Seng Index fell by about 880 points in May, dragging down the overall performance of Hong Kong stocks, which affected SMIC's stock price. Source: Hong Kong 01, the weight of technology stocks in Hong Kong is low, dragging down the performance of the Hang Seng Index.
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Huahong Semiconductor fell 2.06%. Based on recent news,
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On May 26, Huahong Semiconductor recorded a large automatic cross-trade with a transaction amount of 29.4 million yuan, and the stock price rose by 14.8% at one point, but then fell back. This transaction showed short-term market interest in the stock but failed to sustain the stock price.
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On May 27, Huawei announced a breakthrough in its chip technology, driving a general rise in chip stocks. Huahong Semiconductor's stock price briefly reached a new high, but the increase narrowed afterward, indicating a short-lived market reaction to the technological breakthrough.
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On May 28, Changxin Technology's IPO application was approved for review by the Shanghai Stock Exchange, and the market expects its listing to have a significant impact on the semiconductor industry, leading to fluctuations in Huahong Semiconductor's stock price. The Hong Kong stock market has low valuations, providing a margin of safety.
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Lianqi Technology fell 9.50%. Based on recent key news:
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On May 26, Lianqi Technology's shareholder Shanghai Rongying Enterprise Management Partnership sold 12.228 million A shares through a price inquiry transfer, with a transaction amount of about 3.058 billion yuan, putting pressure on the stock price. Source: Zhitong Finance
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On May 27, Goldman Sachs released a report, raising the target price for Lianqi Technology's A shares and H shares, rating it as &#34;Buy,&#34; but the shareholder's reduction still had a negative impact on the stock price. Source: Zhitong Finance
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On May 28, the shareholder's reduction in Lianqi Technology was completed, with the holding ratio reduced to 5.78%, reaching the 1% threshold, increasing market concerns about the ongoing reduction by shareholders
Source: Jinshi Data The semiconductor industry is driven by AI demand, with an optimistic outlook.
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Stocks ranked among the top in industry market capitalization
Zhaoyi Innovation fell by 4.87%. Based on recent news,
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On May 26, Zhaoyi Innovation announced an abnormal fluctuation in stock trading, with the cumulative deviation of the daily closing price increase exceeding 20% over three consecutive trading days. The company clarified that there are no significant matters affecting the abnormal fluctuation of the stock price, and production and operations are normal. This announcement attracted market attention, leading to stock price volatility.
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On May 26, controlling shareholder Zhu Yiming reduced his holdings of the company's shares by a total of 6.3299 million shares 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 decline 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 Zhaoyi Innovation. The market's attention to Changxin Technology increased, leading to fluctuations in Zhaoyi Innovation's stock price. The memory industry cycle is on the rise, with strong market demand
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06082

BIREN TECH rose 14.76%; SMIC fell 4.08%, with a transaction volume of HKD 5.617 billion; Hua Hong Semiconductor fell 2.06%, with a transaction volume of HKD 2.925 billion; Montage Technology fell 9.50%, with a transaction volume of HKD 1.174 billion; GigaDevice fell 4.87%, with a market value of HKD 526.9 billion

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BIREN TECH

Hong Kong Stock Movement: BIREN TECH rises 14.76%, AI chip rated safety level ignites market enthusiasm