JP-SFMG@EC2611A

Morgan Stanley 增持复旦 230,538 股

Shanghai Fudan University and Fudan University Jointly Establish an Integrated Circuit Engineering and Technology Fusion Innovation Center

SHANGHAI FUDAN released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue HKD 1.17 B, actual EPS HKD 0.204

Shanghai Fudan to Release FY2026 Q1 Earnings Report on April 29 After-Market BJT

Fudan Fokon Converts Shares into ETFs of Fudan

Fudan University Publishing Significant Year-on-Year Drop in Net Profit

Shanghai Fudan Released 2025 Annual Report with Revenue Growth but Net Profit Decline

SHANGHAI FUDAN to Release FY2025 Annual Earnings on March 27, 2026 Pre-Market (BJT), Forecast Revenue HKD 4.417 B, EPS HKD 0.942

Shanghai Fudan Announces 2025 Financial Results: Revenue Growth but Net Profit Decline

SHANGHAI FUDAN released FY2025 Annual Earnings on February 13 Pre-Market (BJT), actual revenue HKD 0 (forecast HKD 4.417 B), actual EPS HKD 0 (forecast HKD 0.942)

SHANGHAI FUDAN released FY2025 Q4 earnings on February 13 Pre-Market (BJT), actual revenue HKD 1.065 B, actual EPS HKD -0.1293

Shanghai Fudan Anticipates Revenue Growth but Decline in Net Profit

Shanghai Fudan and Guanglian Technology Holding Disclose Latest Shareholder Rights

Guosheng Investment Acquires a Stake in Fudan to Become the Largest Shareholder

Guosheng Investment Aims to Acquire 12.99% Shares of Shanghai Fudan Microelectronics

Morgan Stanley Maintains Buy Rating on Shanghai Fudan Microelectronics

First Shanghai Publishes Report on Shanghai Fudan's Quarterly Performance

Morgan Stanley Forecasts Continued Revenue Growth for Shanghai Fudan and Tsinghua Unigroup in 2025

Shanghai Fudan Microelectronics Group's Shareholders Approve Surplus Funds for Operating Capital and Management Changes

Fudan Microelectronics Revenue Growth in Q1-Q3 2025 but Net Profit Declines YoY

RADIANCE HLDGS

ANCHORSTONE

RIVERINE CHINA

REACH NEW HLDGS

FINELAND LIVING

NUR HOLDINGS

GOLDEN LEAF INT

UBOT HOLDING

MAN YUE TECH

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Shanghai Fudan Microelectronics Group (SEHK:1385) reported Q1 2026 revenue of CNY 1,032.05 million and net income of CNY 148.31 million, both up from last year. The stock trades at a high P/E of 129.1x, significantly above industry averages, indicating potential overvaluation. A DCF analysis suggests an intrinsic value of HK$3.71, further supporting this view. Despite a strong 1-year total shareholder return of 49.88%, the stock's recent volatility and high valuation metrics raise concerns about future growth expectations.

Simplywall

FMSH

SHANGHAI FUDAN

Shanghai Fudan Microelectronics Group (SEHK:1385) Valuation After Q1 Revenue And Net Income Growth

上海复旦（1385.HK）现价 38.920，当日 -8.25%，盘中跌幅跌破-8%，市值 321 亿。 公司主营集成电路与微电子业务，今日股价受晶片板块整体调整影响跌幅居前。近期 A 股限制性股票上市流通，市场短线资金情绪波动明显。目前暂无重大催化，资金关注板块热点变化。

Movers Alert

Fudan Microelectronics (1385.HK) Plunges Over 8% Intraday

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The computing power leasing concept became active again, with AURORA hitting its daily limit six times in 11 days, NB CONSTRUCTION surging to the daily limit, Hongjing Technology rising over 10%, and UCloud, Capitalonline, Shunwang Technology, and Canatal following suit. Hong Kong chip stocks surged collectively, with ILUVATAR COREX jumping nearly 12%, HUA HONG SEMI and BIREN TECH rising nearly 6%, and SMIC and SHANGHAI FUDAN increasing by over 3%

- On April 1, both A-shares and Hong Kong stocks opened significantly higher as geopolitical tensions in the Middle East eased, with signals from Iran and the U.S. indicating a willingness to end conflicts.  
- The A-share market saw all three major indices rise over 1%, driven by a surge in computing hardware and chip sectors, while in Hong Kong, the Heng Seng Index opened 2% higher and experienced a slight pullback.  
- In the bond market, government bond futures fluctuated, with mixed movements observed across commodity futures, including gains in precious metals but declines in crude oil and coal.

Wallstreetcn

SMIC

Canatal

UCloud

ILUVATAR COREX

HUA HONG SEMI

BIREN TECH

Hua Hong

AURORA

Capitalonline

Shunwang Technology

SSE Index

Hang Seng Index

NB CONSTRUCTION

AH Shares Rise Collectively: SSE Index Up 1%, Computing Power Hardware Explodes, Hang Seng Index Up 2%, Internet Tech Stocks Generally Rebound

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Shanghai Fudan announced its performance for the fiscal year 2025, with operating revenue of 3.982 billion RMB, an increase of 10.9% year-on-year. It recorded a net profit of 232 million RMB, a decline of 59.4%, with earnings per share of 0.28 RMB. The final dividend is 0.58 RMB per 10 shares

AASTOCKS

Fudan-Zhangjiang

FUDANZHANGJIANG

"Performance" Shanghai Fudan's annual net profit is 232 million RMB, a decrease of 59.4%, with a dividend of 0.58 RMB per 10 shares

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FTXL

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Shanghai Fudan Microelectronics to Revise Articles After Equity Incentive Plan

Tip Ranks

Guotai CES Semiconductor Chip Industry ETF

Guotai CSI All Share Integrated Circuit ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

First Trust Nasdaq Food & Semicon

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

Shanghai Fudan Microelectronics to Revise Articles After Equity Incentive Plan

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On March 18th, during the Hong Kong stock market trading, the three major indices collectively strengthened, with the Hang Seng Index rising by 0.87%, indicating a moderate rebound in risk appetite. The retail sector performed well, with leading stocks like Alibaba and JD leading the gains, boosting market sentiment; however, the oil and gas sector generally retreated due to the weakening of international oil prices. Among popular stocks, Shanghai Fudan surged by 12.73%, and MINIMAX-W increased by over 23%. Investors are currently focusing on macro indicators such as unemployment rates and manufacturing PMI, with market volatility influenced by external environmental factors

- On March 18, Hong Kong's three main indices gained slightly, reflecting a modest rebound in risk appetite.  
- The Hang Seng Index rose 0.87% to 26,092.72 points, while the Hang Seng Tech and the China Enterprises Index increased by 0.36% and 0.34%, respectively, with all indices maintaining their positions within recent ranges.  
- Retail stocks surged due to consumption recovery expectations, led by Alibaba and JD.com, while oil and gas exploration faced pressure from declining international oil prices.

Market Pulse

BABA-W

JD-SW

TENCENT

BIDU-SW

CNOOC

MONTAGE TECH

3SBIO

YANKUANG ENERGY

REMEGEN

SPDR S&P Retail ETF

VanEck Retail ETF

KraneShares 2x Long BABA Daily ETF

JD HEALTH

KraneShares 2x Long JD Daily ETF

MINIMAX-W

ALI HEALTH

JD.com

Alibaba

JD LOGISTICS

BABA 2x Long Daily ETF - GraniteShares

Global X E-commerce ETF

Amplify Online Retail ETF

Krne Csi China Internet

Hong Kong stock market intraday | Hang Seng Index up 0.87%, retail sector leads with Alibaba up 3.34%

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On March 18th at noon, the three major indices of the Hong Kong stock market collectively adjusted and entered a consolidation period, with the Hang Seng Index closing at 25,824.7 points. The performance of market sectors was mixed, with the electronic components and retail sectors being relatively active, driven by Hongteng Precision and Quantitative Partners, while the weak performance of leading internet stocks dragged the Hang Seng Technology Index down by 0.81%. Influenced by expectations of export recovery and variables in mainland policies, the flow of funds showed structural characteristics, and changes in market volume will dominate the afternoon's rhythm

FIT HON TENG

KB LAMINATES

GDS-SW

ZTO EXPRESS-W

KINGSOFT CLOUD

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

CAM HS TECH

CSOP HS TECH

ISHARESHSTECH

Tianhong Hang Seng TECH ETF(QDII)

GX HS TECH

HSTECH ETF

Hong Kong Stock Midday Review | Hang Seng Index down 0.17%, maintaining consolidation, GDS and ZTO EXPRESS strengthen against the trend

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During the trading session, the three major indices of the Hong Kong stock market maintained high-level fluctuations, with the Hang Seng Index down 0.04%, the Hang Seng TECH Index down 0.67%, and the Hang Seng China Enterprises Index down 0.40%, all failing to break through yesterday's highs, indicating a strong wait-and-see sentiment among investors. In terms of sectors, electronic components and internet content showed mixed performance, while retailers were boosted by certain companies. KB LAMINATES and Tencent Holdings saw active trading, with popular stocks such as Shanghai Fudan and ZTO EXPRESS showing significant gains, while the overall market turnover remained high and volatile

- On March 18, Hong Kong's stock indices showed weak fluctuations, with the Hang Seng Index at 25,858.35, down 0.04%.  
- Investors remained cautious, with limited significant macro data influencing the market; attention was focused on economic growth, inflation, and employment indicators.  
- Notable stocks included Shanghai Fudan, which rose 6.98%, and ZTO Express, which increased 4.76%, amidst a market environment characterized by cautious investor sentiment.

KUAISHOU-W

AKESO

NTES-S

China Southern Hang Seng ETF

Hang Seng TECH ETF I

TRACKER FUND

FI2 CSOP HSI

KINGBOARD HLDG

AXA SPDB CSI Hugangshen Game and Culture Media ETF

ChinaAMC Hang Seng ETF

HSCEI ETF

FI CSOP HSI

Dacheng Hang Seng Technology ETF(QDII)

Hang Seng China Enterprises Index

FL2 CSOP HSI

Hang Seng TECH Index

Hong Kong Stock Market Intraday | Hang Seng Index fluctuates at a high level, MINIMAX-W rises 10.84%

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C TRANSMISSION(00658) fell 18.4%, with a trading turnover 6.7 Million HKD, and a year-to-date rose 25.2%. GLOBAL NEW MAT(06616) fell 10.97%, with a trading turnover 40.4 Million HKD, and a year-to-date fell 27%. BWI INT'L(02339) fell 8.24%, with a trading turnover 23.0 Million HKD, and a year-to-date rose 26.8%.

Top Gainers&Losers

C TRANSMISSION

GLOBAL NEW MAT

BWI INT'L

GLMS SEC

DL HOLDINGS GP

JD INDUSTRIALS

CIRRUS

JIAXIN INTL RES

FORTIOR

Top 10 HK Stock Losers (2.16)

Shanghai Fudan Microelectronics Group Co (HK:1385) has announced a 2026 A Share Restricted Share Incentive Scheme aimed at enhancing talent retention among directors, senior management, and core technical staff. The board approved the proposal on February 11, 2026, with implementation pending shareholder approval. The scheme will cover 308 participants, representing 14.83% of the company's workforce. Analysts rate the stock as a Buy with a target price of HK$51.00. Fudan Microelectronics is a leading player in China's integrated circuit sector, with a market cap of HK$59.78B.

Fudan Microelectronics Unveils 2026 Restricted Share Incentive Plan to Bolster Talent Retention

JP-SFMG@EC2611A(29255.HK)

Shanghai Fudan Microelectronics Group (SEHK:1385) Valuation After Q1 Revenue And Net Income Growth

Fudan Microelectronics (1385.HK) Plunges Over 8% Intraday

AH Shares Rise Collectively: SSE Index Up 1%, Computing Power Hardware Explodes, Hang Seng Index Up 2%, Internet Tech Stocks Generally Rebound

"Performance" Shanghai Fudan's annual net profit is 232 million RMB, a decrease of 59.4%, with a dividend of 0.58 RMB per 10 shares

Shanghai Fudan Microelectronics to Revise Articles After Equity Incentive Plan

Hong Kong stock market intraday | Hang Seng Index up 0.87%, retail sector leads with Alibaba up 3.34%

Hong Kong Stock Midday Review | Hang Seng Index down 0.17%, maintaining consolidation, GDS and ZTO EXPRESS strengthen against the trend

Hong Kong Stock Market Intraday | Hang Seng Index fluctuates at a high level, MINIMAX-W rises 10.84%

Top 10 HK Stock Losers (2.16)

Fudan Microelectronics Unveils 2026 Restricted Share Incentive Plan to Bolster Talent Retention