SOLOMON SYSTECH(02878.HK)

Last Updated 08:00:00
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Solomon Systech (SEHK:2878) Margin Compression To 4.3% Tests Bullish Narratives

Simplywall·
HK
02878
+3.75%
Simplywall·
HK
02878
+3.75%

Hong Kong stock chip stocks continued to rise in the afternoon, with GIGADEVICE and HUA HONG SEMI up over 10%, MONTAGE TECH up over 7%, and SMIC and SOLOMON SYSTECH following suit

Wallstreetcn·
SH
688981
+12.62%
HK
02878
+3.75%
HK
01347
+13.89%
Wallstreetcn·
SH
688981
+12.62%
HK
02878
+3.75%
HK
01347
+13.89%

"Profit Warning" SOLOMON SYSTECH estimates annual profit to drop by 60%-65%

AASTOCKS·
SH
588780
+2.15%
SZ
159546
+4.27%
HK
02878
+3.75%
AASTOCKS·
SH
588780
+2.15%
SZ
159546
+4.27%
HK
02878
+3.75%

The Hang Seng Index closed up 1.76%, and the Hang Seng Tech Index rose 1.34%

36Kr·
HK
02878
+3.75%
HK
09992
-0.39%
SH
688347
+18.74%
36Kr·
HK
02878
+3.75%
HK
09992
-0.39%
SH
688347
+18.74%

Hong Kong stocks intraday | The three major indices opened higher, with the technology and AI sectors active. Baidu rose 1.52%, YOFC surged 11.4%, and chip stocks performed strongly

LB Select·
SH
601869
+0.01%
US
BIDU
-1.79%
HK
09888
-1.83%
LB Select·
SH
601869
+0.01%
US
BIDU
-1.79%
HK
09888
-1.83%

Most Hong Kong stock chip stocks rose in the afternoon, with SOLOMON SYSTECH up nearly 6%, HUA HONG SEMI up 5%, SHANGHAI FUDAN up over 3%, and SMIC up 2.5%

Zhitong·
HK
02878
+3.75%
SH
688347
+18.74%
HK
01347
+13.89%
Zhitong·
HK
02878
+3.75%
SH
688347
+18.74%
HK
01347
+13.89%

Understanding the Market | Chip stocks rose in the afternoon as New Kylin's subsidiary released two EDA design software, strengthening the autonomy and control of semiconductor logic

Zhitong·
SH
688347
+18.74%
HK
01347
+13.89%
SH
688981
+12.62%
Zhitong·
SH
688347
+18.74%
HK
01347
+13.89%
SH
688981
+12.62%

Hong Kong semiconductor stocks strengthen, INNOSCIENCE rises over 13%

Zhitong·
HK
06908
+2.27%
HK
02577
+5.59%
HK
02878
+3.75%
Zhitong·
HK
06908
+2.27%
HK
02577
+5.59%
HK
02878
+3.75%

The Hong Kong stock semiconductor sector continues to rise, with Hua Hong Semiconductor up over 8%

Zhitong·
SH
688347
+18.74%
HK
01347
+13.89%
SH
688385
+1.30%
Zhitong·
SH
688347
+18.74%
HK
01347
+13.89%
SH
688385
+1.30%
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