CI-SMIC@EP2610A

US Congress promotes "MATCH Act," which may comprehensively restrict the export and servicing of DUV lithography equipment to companies like SMIC

Western Securities maintains 'Overweight' rating for SMIC in new report

SMIC Reports Strong 2025 Earnings with Revenue and Profit Growth

Green Ring Chip Ecological Project launched, plans to supply recycled materials to SMIC

Rumors suggest DeepSeek V4 large model will be deeply compatible with domestic chips, potentially boosting demand for the local chip industry chain

US Lawmakers Propose 'MATCH Act' Aiming to Escalate Tech Restrictions on China

SMIC Announces Partnership with a Major Tech Company

SMIC Reportedly Provided Semiconductor Equipment to Iran, China's Ministry of Defense Responds

China Galaxy Securities releases a research report, maintaining a "Recommended" rating for SMIC

SMIC Founder Warns China Faces a 300,000 Semiconductor Talent Gap

Accounting firm confirms financial data related to SMIC's acquisition of subsidiary SMIC Beijing

SMIC issues a revised statement on the issuance of shares for asset purchase and connected transaction

SMIC Releases 2025 Annual Report, Achieving Dual Growth in Revenue and Net Profit

Global Semiconductor Foundry Market Projected to Expand at 7.61% CAGR, Report Says

SMIC received 365 million yuan in financing purchases on April 7

US Congress Introduces MATCH Act to Comprehensively Restrict Semiconductor Equipment Exports to SMIC and Other Companies

Report Releases Top 5 Brands of Integrated Collaborative Robots for Semiconductor Use in April 2026

Samsung announces a 30% price hike for memory, boosting sentiment in the semiconductor sector

China's Semiconductor Sector Surges on Strong Exports and Technical Breakthroughs

2026 China (Shenzhen) Integrated Circuit Summit announced to be held on June 26

JOY SPREADER

DEEPEXI TECH

BUTONG GROUP

CHINA PARTYTIME

ALPHA PRO HLDGS

LUEN THAI

51WORLD

TRIO IND ELEC

TOMO HOLDINGS

HATCHER GROUP

00700

01810

00992

01384

01024

03317

06869

09992

00981

Hong Kong stocks weakened across the board today, with market sentiment significantly under pressure. Blue-chip stocks collectively retreated, dragging the index down to test support levels, and the Hang Seng Index gave back some of its previous rebound gains. On the market, AI concepts and innovative technology companies became the only bright spot in the weak market, performing exceptionally well. DEEPEXI TECH led a group of small and mid-cap AI stocks to surge against the trend, reflecting that during the index adjustment phase, major funds are accelerating their shift towards hardcore tracks with high technological growth potential and expectations of commercial revaluation

- The Hong Kong stock market closed lower, with the Hang Seng Index falling by 0.90% to 25,660.85 points, reflecting weakened market sentiment.  
- The technology sector experienced significant declines, while AI-related companies like Dipu Technology surged by 59.19%, showing strong investor interest in AI commercialization.  
- Overall, market performance remains cautious, impacted by macroeconomic factors and liquidity fluctuations; investors are advised to monitor trade data and policy trends closely.

LB Select

TENCENT

XIAOMI-W

LENOVO GROUP

KUAISHOU-W

BIDU-SWR

XUNCE

HAIZHI TECH GP

YOFC

BYD COMPANY

POP MART

CNOOC

SMIC

Hong Kong stocks closed | All three major indices retreated, risk aversion spread, DEEPEXI TECH surged nearly 60% against the trend

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09988

As of intraday trading, the three major stock indices in Hong Kong are collectively under pressure, with market sentiment appearing sluggish. The Hang Seng Index is trading at 25595.65 points, down 1.15%, retracing some of last week's gains. In terms of market performance, AI applications and semiconductor sectors have shown strong offensive capabilities, breaking through the general decline of blue-chip stocks. Stocks such as DEEPEXI TECH, XUNCE, and ILUVATAR COREX surged on high volume, reflecting that major funds continue to highly focus on technology sub-sectors with solid growth logic during market adjustments

- As of now, Hong Kong's three major indices are under pressure, with the Hang Seng Index at 25,595.65 points, down 1.15%.  
- Notable stocks include Dipu Technology, which surged 32.06%, and Xunce, which rose 19.23%, driven by strong interest in AI and semiconductor sectors.  
- Market sentiment is increasingly sensitive to economic indicators, with a shift toward stocks with predictable earnings and those benefiting from policy changes.

ILUVATAR COREX

BABA-W

MEXAN

Hang Seng Index

Hong Kong Stocks Intraday | Hang Seng Index Down 1.15% Losing Key Level, AI and Semiconductors Strong Against Market Trend, DEEPEXI TECH Surges Over 32%

01788

688981

601869

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KBAB

BABO

BABX

According to the Hong Kong Stock Connect data, the TRACKER FUND had a net outflow of HKD 2.736 billion, and YOFC had a net outflow of HKD 567 million. Alibaba, GUOTAI JUNAN I, and SMIC had net inflows of HKD 945 million, HKD 481 million, and HKD 392 million, respectively. In the Hong Kong Stock Connect (Shanghai), YOFC had a net inflow of HKD 604 million, while the TRACKER FUND had a net outflow of HKD 1.889 billion; in the Hong Kong Stock Connect (Shenzhen), Alibaba had a net inflow of HKD 1.344 billion, and YOFC had a net outflow of HKD 1.171 billion. The total net outflow for the day was HKD 0, with a total transaction amount of HKD 112.738 billion, accounting for 45.77% of the total market transaction amount

AASTOCKS

GUOTAI JUNAN I

TRACKER FUND

KraneShares 2x Long BABA Daily ETF

YieldMax BABA Option Income Strategy ETF

BABA 2x Long Daily ETF - GraniteShares

Net outflow of HKD 2.736 billion from the TRACKER FUND under the Hong Kong Stock Connect

As of the time of publication, the three major indices of the Hong Kong stock market are collectively maintaining an upward trend, with market sentiment remaining stable amidst fluctuations. The Hang Seng Index reported 25,864.12 points, although it has retreated from earlier highs, it still successfully held onto its gains. On the market, digital assets, new energy, and AI innovation themes are performing exceptionally well, becoming the core direction for capital chasing elasticity. Boosted by the news of Hong Kong issuing the first batch of stablecoin licenses, GUOTAI JUNAN I soared over 31% throughout the day, effectively activating the activity in the fintech sector

- The Hong Kong stock market shows resilience, with the Hang Seng Index up 0.43% to 25,864.12 points, despite some retreat from earlier highs.  
- Significant fluctuations were seen in the telecommunications sector, while the technology and new energy themes attracted investment, particularly in lithium battery and digital asset stocks.  
- Economic recovery and external demand are key focuses, impacting market liquidity and sector rotation as investors respond to policy signals and macroeconomic data.

CHAOWEI POWER

BIDU-SW

GIGADEVICE

YOUZAN

Hong Kong stock market intraday | The Hang Seng Index rose slightly by 0.43%, thematic stocks surged across the board, and Guotai Junan International soared over 31%

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Hong Kong stocks opened higher this morning, with the Hang Seng Index rising 139 points to 25,891 points, and the National Index and Hang Seng Tech Index also increasing by 43 points and 22 points, respectively. Chip stocks performed well, with HUA HONG and SMIC opening up 3.5% and 2.3%, respectively. AI stocks KNOWLEDGE ATLAS and MiniMax also saw gains. Nio's stock price opened down 6.8% due to market profit-taking pressure on its new model ES9. The overall market is affected by fluctuations in international oil prices and the situation in the Middle East

NIO-SW

MINIMAX-W

KNOWLEDGE ATLAS

HUA HONG SEMI

"Hong Kong Stocks" Hang Seng Index opened high at 139 points, chip and AI stocks perform well, Nio drops over 6%

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As of the market close, the three major indices of the Hong Kong stock market all fell back, failing to continue yesterday's rebound momentum. The Hang Seng Tech Index dropped more than 2%, giving back some of yesterday's gains, with the overall market showing a narrow fluctuation pattern of high-level retreat. On the market, small-cap technology and thematic stocks performed exceptionally actively, as funds deeply participated in structural opportunities amid the weakness of heavyweight blue chips. Stocks such as Hengyi Holdings, EDA Group Holdings, and XunCe surged against the market trend, reflecting that the market's short-term preference has shifted towards high elasticity and high volatility growth sectors

- On April 9, Hong Kong stocks experienced a decline across all three major indices, reflecting weak market sentiment, with the Hang Seng Index closing at 25,752.40, down 0.54%.  
- Notable movements included a sharp increase in small-cap tech stocks, particularly Hengyi Holdings, which surged 136.84%, driven by speculative trading and sector interest.  
- The market remains influenced by external economic data and investor sentiment regarding economic recovery, suggesting both opportunities and volatility risks ahead.

HANG YICK HLDGS

EDA GROUP HLDGS

HING LEE (HK)

GALAXIS TECH

SINOTRUK

MEITUAN

Hong Kong stock market closing | The Hang Seng Index closed down 0.54%, the Hang Seng Tech Index retreated over 2%, small-cap thematic stocks surged across the board, and Hengyi Holdings soared 136%

BABA

XIACY

The Hong Kong Stock Connect saw a net outflow of HKD 8.876 billion from the Tracker Fund, with Alibaba, POP MART, and SMIC experiencing net inflows of HKD 1.999 billion, HKD 297 million, and HKD 21.17 million, respectively. Xiaomi Corporation and Changfei had net outflows of HKD 2.421 billion and HKD 1.783 billion, respectively. In the Hong Kong Stock Connect (Shanghai), Alibaba had a net inflow of HKD 831 million, while the Tracker Fund had a net outflow of HKD 7.046 billion; in the Hong Kong Stock Connect (Shenzhen), Alibaba had a net inflow of HKD 1.168 billion, and the Tracker Fund had a net outflow of HKD 1.83 billion. The total net outflow for the day from southbound trading was HKD 0, with a total transaction amount of HKD 154.482 billion, accounting for 41.48% of the total market transaction amount

Alibaba

Xiaomi Corporation

The Hong Kong Stock Connect's Tracker Fund of Hong Kong had a net outflow of HKD 8.876 billion

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As of current, the three major indices have significantly rallied from early morning pressure, with the Hang Seng TECH Index rising over 5% to lead the market. In terms of sectors, technology hardware and communication equipment stocks performed extremely strongly, showing excellent offensive capabilities amid the overall market recovery. Leading companies like ILUVATAR COREX and YOFC continued to surge, activating the vibrancy of the AI chip and optical communication industry chains

- The Hong Kong stock market has shown a strong recovery, with major indices rebounding significantly; the Hang Seng Index rose 3.16% to 25,910.99 points.  
- The technology hardware sector led the gains, particularly companies like Tensu Zhixin and Changfei Fiber Optic, which saw substantial increases in stock prices.  
- Investors are focusing on macroeconomic indicators and policy shifts, with positive sentiment toward domestic AI and telecommunications industries driving market activity.

TIME INTERCON

FIT HON TENG

NANFANG COMM

Hang Seng TECH Index

Hong Kong Stocks Intraday | Hang Seng Index Rises 3.16%, Tech Hardware Leads Gains All Day, Hang Seng TECH Index Surges 5.05%

As of the close, the three major Hong Kong stock indices collectively rebounded, and market sentiment recovered significantly. The HSI returned to the 25,000-point mark, with the technology index outperforming the broader market, sweeping away the previous adjustment phase. In the market, the technology hardware and communication equipment sectors were extremely active throughout the day, becoming the absolute main attractors of capital. Leaders ILUVATAR COREX and YOFC surged on heavy volume, successfully driving resonance across the domestic AI chip and optical communication industry chains, reflecting a strong investor preference for high-prosperity sectors

- As of market close, Hong Kong's three major indices rebounded, with the Hang Seng Index rising 2.81% to 25,821.88 points.  
- The technology hardware and communication equipment sectors saw significant gains, with notable individual stocks like Tensu ZhiXin up by 29.48%.  
- Investors are increasingly focused on macroeconomic indicators, affecting market structure and trading activity as they seek opportunities in sectors with high growth potential.

HSBC HOLDINGS

Hong Kong Stocks Midday Review | HSI Surges 2.81% to Steady Above 25,000 Mark; Tech Hardware Strong Throughout the Day, ILUVATAR COREX Soars 29.48%

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SOXX

00HSI

159740

FTXL

The Hang Seng Index opened up 2.61%, and the Hang Seng Tech Index rose 2.95%. HUA HONG SEMI increased by over 8%, SMIC rose by over 7%, and Bilibili and JD Health both rose by over 5%. The market carries risks, and investment should be approached with caution. This article does not constitute personal investment advice, and users should assess investment risks independently

华尔街见闻资讯

China Southern Hang Seng TECH ETF(QDII)

Hang Seng TECH ETF I

iShares Semiconductor ETF

GX HS TECH

E Fund Hang Seng Technology ETF(QDII)

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

XI2CSOPHSTECH

Hwabao WP CSI HK Connect Information Technology Composite ETF

VanEck Semiconductor ETF

Dacheng Hang Seng Technology ETF(QDII)

SPDR S&P Semicon

ICBCCS CNI HK Connect Technology ETF

First Trust Nasdaq Food & Semicon

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

HSTECH ETF

Guotai CSI All Share Integrated Circuit ETF

Bilibili

BILIBILI-W

The Hang Seng Index opened up 2.61%, and the Hang Seng Tech Index rose 2.95%

NVDL

159995

SOXL

U.S. export restrictions on Nvidia are accelerating growth in China's semiconductor industry, with local firms like Huawei stepping in to meet AI demand. Chinese chipmakers are reporting record revenues, driven by a shift towards domestic alternatives amid global supply shortages. Despite a technology gap, companies like SMIC and CXMT are capitalizing on rising demand for older memory technologies. The competition for semiconductor talent is intensifying, with China aggressively recruiting skilled workers, while Taiwan faces challenges from poaching and higher wages. The ongoing tech race highlights the strategic importance of human capital in the chip industry.

- Chinese semiconductor companies are experiencing rapid growth driven by AI demand and U.S. export restrictions on Nvidia chips, prompting a shift towards local alternatives.  
- Companies like Huawei and ChangXin Memory Technologies are capitalizing on these trends, despite facing challenges in producing cutting-edge technology due to limited access to advanced manufacturing equipment.  
- The competition extends to talent acquisition, as both China and Taiwan engage in a "tech war" for skilled workers crucial to their semiconductor and AI advancements.

benzinga_article

GraniteShares 2x Long NVDA Daily ETF

ChinaAMC Guozheng Semiconductor Chip ETF

Harvest CSI All Share Integrated Circuit ETF

Direxion Semicon Bull 3X

Invesco Semiconductors ETF

Guotai CSI Semiconductor Material Equipment Theme ETF

China Southern CSI Semiconductor Industry Custom ETF

China Merchants CSI Semiconductor Industry ETF

GF Fund CSI Semiconductor Material Equipment Theme ETF

ChinaAMC CSI Semiconductor Material & Equipment Thematic ETF

Direxion Daily NVDA Bull 2X Shares

NVIDIA

Guotai CES Semiconductor Chip Industry ETF

E Fund CSI Semiconductor Material & Equipment Thematic ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

T-Rex 2X Long NVIDIA Daily Target ETF

Harvest SSE STAR Chip ETF

How US Export Curbs Are Fueling China's Chip Boom

ASML

ASMH

ASMG

Reuters

ASML Holding NV ADRhedged

Leverage Shares 2X Long ASML Daily ETF

US targets Chinese chipmaking with proposed export restrictions on ASML and others

688347

Chinese semiconductor firms have achieved record revenues, driven by strong domestic AI demand and U.S. export restrictions. Companies like SMIC and Hua Hong reported significant revenue increases, with expectations for continued growth. The U.S. curbs have accelerated China's push for tech self-sufficiency, leading to increased demand for domestic alternatives. However, Chinese firms still lag in technological capabilities compared to global leaders like TSMC. Despite challenges, the sector is capitalizing on high demand for memory chips and AI infrastructure, indicating a robust growth trajectory for the industry.

- Chinese semiconductor firms achieved record revenues in 2025, driven by AI demand, memory chip shortages, and U.S. export restrictions.  
- Analysts predict continued growth, with major players like Semiconductor Manufacturing International Co. (SMIC) and ChangXin Memory Technologies (CXMT) reporting significant increases in revenue.  
- Despite this success, Chinese companies face challenges in technological capability and access to advanced manufacturing tools, impacting their ability to compete with leading global firms.

CNBC

Hua Hong

Taiwan Semiconductor

GraniteShares 2x Long TSM Daily ETF

GX CN SEMICON

Rayliant-ChinaAMC Trnsfrmtv Chn Tech ETF

GX CN SEMICON-U

Leverage Shares 2X Long TSM Daily ETF

Direxion Daily TSM Bull 2X Shares

Chinese chip firms hit record high revenue driven by the AI boom and U.S. curbs

Hong Kong's three major indices closed lower today, with the Hang Seng Index and the Hang Seng Tech Index undergoing significant corrections, reflecting safe-haven sentiment and short-term volatility under market pressure. Certain auto and resource stocks performed strongly, with Shandong Molong and Geely Automobile attracting concentrated capital, indicating a structural divergence in market focus. As fluctuations in external trade and the macroeconomic environment persist, investors should monitor policy guidance, exchange rates, and international capital flows. This article summarizes the performance of major sectors, market focus stocks, and active trading directions

- On April 2, Hong Kong's stock indices experienced significant declines, with the Hang Seng Index closing at 25,116.53 points, down 0.70%.  
- The market sentiment was pressured by fluctuating import-export rates, leading to uncertainty in corporate profit expectations.  
- Mixed sector performances were noted, with notable gains in select stocks like Geely Automobile, which rose 8.37%, while major tech stocks like Alibaba and Xiaomi faced declines.

Hong Kong Market Close | Three major indices fall across the board, tech sector leads declines, while auto and resource stocks remain active against the trend

CI-SMIC@EP2610A(28078.HK)

CI-SMIC@EP2610A Stock Performance Chart

Hong Kong stocks closed | All three major indices retreated, risk aversion spread, DEEPEXI TECH surged nearly 60% against the trend

Hong Kong Stocks Intraday | Hang Seng Index Down 1.15% Losing Key Level, AI and Semiconductors Strong Against Market Trend, DEEPEXI TECH Surges Over 32%

Net outflow of HKD 2.736 billion from the TRACKER FUND under the Hong Kong Stock Connect

Hong Kong stock market intraday | The Hang Seng Index rose slightly by 0.43%, thematic stocks surged across the board, and Guotai Junan International soared over 31%

"Hong Kong Stocks" Hang Seng Index opened high at 139 points, chip and AI stocks perform well, Nio drops over 6%