BI#SMIC RC2612S

SMIC's Acquisition of XMC Progress Boosts Sci-Tech Chip Index

SMIC Issues Announcement on Revisions to its Acquisition Report (Registration Draft)

SMIC Announces Full Acquisition of SMIC North for 40.6 Billion Yuan, Setting STAR Market M&A Record

SMIC to Release Q1 2026 Earnings Report, Investors Focus on AI Chip Orders

Nvidia's new chip enters mass production, boosting semiconductor sector sentiment

The largest M&A plan for domestic wafer foundry passes review; SMIC's 40.6 billion yuan proposal is approved

SMIC founder Richard Chang delivers latest speech, clarifying cognitive misconceptions

SMIC's major M&A case to acquire 49% of SMIC North's equity by issuing shares was approved by the Shanghai Stock Exchange

SMIC's proposal for full ownership of SMIC North to be reviewed on May 11

SMIC Founder Zhang Rujing in an interview emphasizes the importance of niche markets and AI applications

Shanghai's "Eastern Chip Harbor" adds an automotive-grade chip testing center, enhancing the industrial chain of the park where SMIC is located

China targets 70% advanced domestic silicon wafer use by 2026

Shanghai Stock Exchange to review SMIC's acquisition of SMIC Beijing on May 11

Chinese chipmakers increase R&D investment, with the investment ratio surpassing the US

US reportedly considers new export restrictions on Chinese chipmakers including SMIC

Global chip sales surge in Q1 2026, signaling strong industry demand

SEMI reports global silicon wafer shipments rose 13.1% year-over-year in Q1 2026

CLSA Reiterates Outperform Ratings and Target Prices for Semiconductor Companies

SMIC to release FY2026 Q1 earnings on May 14 After-Market (BJT), forecast revenue HKD 19.59 B, EPS HKD 0.1969

The semiconductor industry is experiencing widespread cost increases and profit divergence, with the impact of the price hike trend beginning to show.

REF HOLDINGS

KANGLI INT HLDG

JY GRANDMARK

GANGLONG CHINA

EDICO HOLDINGS

SHING CHI HLDGS

KWONG MAN KEE

JIN MI FANG GP

ZHONGKE GROUP

CH DEMETER FIN

02513

06809

00100

03296

03986

00175

01772

02601

00981

09696

KNOWLEDGE ATLAS(02513) rose 36.9%, with a trading turnover 3.6 Billion HKD, and a year-to-date rose 889.7%. MONTAGE TECH(06809) rose 21.31%, with a trading turnover 2.7 Billion HKD, and a year-to-date rose 368.7%. GEELY AUTO(00175) fell 5.23%, with a trading turnover 2.5 Billion HKD, and a year-to-date rose 19.4%. GANFENGLITHIUM(01772) fell 3.96%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 54%.

- The Hang Seng Index rose by 0.15%, with a year-to-date increase of 3%.  
- The Hang Seng Tech Index increased by 0.46%, but has seen a year-to-date decline of 7.7%.  
- Notable stock performances include Zhicheng (02513) up 36.9%, with a total increase of 889.7% for the year, while Geely Auto (00175) fell by 5.23%, reflecting a year-to-date increase of 19.4%.

Top Gainers&Losers

KNOWLEDGE ATLAS

MONTAGE TECH

MINIMAX-W

HUAQIN

GIGADEVICE

GEELY AUTO

GANFENGLITHIUM

CPIC

SMIC

TIANQI LITHIUM

Top 5 HK Stock Gainers/Losers (>100B) (5.13)

01347

00005

Hong Kong stocks closed on May 6 with all three major indices in the green, led by the Hang Seng Index which rose 1.22%. Driven by a surge in global AI computing demand and better-than-expected earnings from overseas giants like AMD, the semiconductor sector exploded, with SMIC and Montage Technology delivering standout performances. Additionally, rising risk-off sentiment pushed the gold and non-ferrous resource sectors higher, while the mainland property and financial sectors also saw a collective rebound. However, significant divergence emerged among tech heavyweight stocks: Tencent Holdings attracted over HK$18.7 billion in turnover, topping the market, but its share price retreated

Market Pulse

HUA HONG SEMI

HSBC HOLDINGS

HK Stocks Close | Three Major Indices Rise Collectively; Semiconductor and Gold Sectors Lead Gains, Tech Weights Show Divergent Trends

On May 6th, Hong Kong stocks closed with all three major indices in the green, with the Hang Seng Tech Index leading the market with a 1.32% increase. Catalyzed by multiple overseas positive factors, including Samsung's market value surpassing $1 trillion and AMD's earnings report exceeding expectations, the Hong Kong semiconductor industry chain surged across the board, with Lanqi Technology soaring over 19% and SMIC attracting over 10 billion in capital to maintain the top spot in total trading volume. Meanwhile, boosted by the accelerated commercialization of overseas AI applications, the performance of internet giants showed significant divergence, with Alibaba and Baidu favored by funds and strengthening, while Tencent and Meituan experienced slight pullbacks. Additionally, sectors such as automotive, oil and gas, and innovative pharmaceuticals showed a collective pullback today

- The Hong Kong stock market closed with all three major indices rising, with the Hang Seng Index up 0.79% to 26,104.42 points.  
- The semiconductor sector saw significant gains, led by companies like Lattice Semiconductor, which surged 19.1%, while notable performers included SMIC and GigaDevice.  
- Meanwhile, traditional sectors such as automotive and pharmaceuticals experienced declines amid mixed performances in technology stocks influenced by positive overseas developments.

Hong Kong Stock Market Midday Review | Three major indices collectively closed higher, semiconductor sector surged across the board, internet heavyweight stocks showed mixed performance

09903

06082

02338

06869

09980

01888

09866

00501

ILUVATAR COREX(09903) rose 21.3%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 222.1%. BIREN TECH(06082) rose 8.22%, with a trading turnover 431.3 Million HKD, and a year-to-date rose 137.8%. YOFC(06869) fell 13.78%, with a trading turnover 7.4 Billion HKD, and a year-to-date rose 284.9%. EASTROC(09980) fell 9.73%, with a trading turnover 140.2 Million HKD, and a year-to-date fell 18.5%.

- The Hang Seng Index declined by 1.28%, with a year-to-date increase of 0.6%.  
- The Hang Seng Tech Index fell by 0.79%, accumulating a year-to-date drop of 11.7%.  
- Notable stock movements included Tianze Jichip rising 21.3% and Dongpeng Beverage dropping 9.73%, impacting their year-to-date performance significantly.

ILUVATAR COREX

BIREN TECH

WEICHAI POWER

YOFC

EASTROC

KB LAMINATES

NIO-SW

OMNIVISION

Top 5 HK Stock Gainers/Losers (>100B) (4.30)

02427

02637

09636

06600

02940

00004

01516

ILUVATAR COREX(09903) rose 21.3%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 222.1%. GUANZE MEDICAL(02427) rose 12.41%, with a trading turnover 21.9 Million HKD, and a year-to-date rose 1335.8%. HAIXI PHARMA(02637) rose 9.21%, with a trading turnover 300.5 Million HKD, and a year-to-date rose 91.9%.

GUANZE MEDICAL

HAIXI PHARMA

JF SMARTINVEST

ONEROBOTICS

WELLCELL HOLD

WHARF HOLDINGS

SUNAC SERVICES

Top 10 HK Stock Gainers (4.30)

Hong Kong stocks faced pressure during the midday session, with all three major indices collectively declining. Technology and large-cap blue chips generally adjusted, but the semiconductor chip sector stood out, attracting structural capital attention. Leading companies such as Tianzu Zhixin, Huahong Semiconductor, and SMIC performed impressively, with the market continuing to buy into the high prosperity of the industry chain. The focus of funds shifted from large-cap internet sectors to high-growth and computing-related companies, resulting in active trading.

At the same time, the Hong Kong stock market has recently been highly attentive to external import and export data and macro expectations, with capital flows and sector rotations accelerating, reflecting investors' high sensitivity to performance growth and high prosperity themes

TRACKER FUND

CSOP HS TECH

HSCEI ETF

Alphabet

Alphabet - C

TENCENT

BABA-W

XIAOMI-W

BYD COMPANY

TIANNENG POWER

Samsung Electronics 

XIZHI TECH-P

KUAISHOU-W

MEITUAN

BILIBILI-W

Bilibili

JD-SW

JD.com

BIDU-SW

Baidu

CHINA LIFE

China Life

PETROCHINA

ICBC

Hang Seng Index

SINOSUN

Hua Hong

SMIC HK SDR 5to1

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

Alibaba

BABA-WR

Alibaba HK SDR 5to1

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

BYD HK SDR 10to1

BYD Company

BYD Company Limited

BYD COMPANY-R

Samsung Electronics Co., Ltd. Sponsored GDR

KUAISHOU-WR

MEITUAN-WR

Meituan

Meituan HK SDR 5to1

JD-SWR

BIDU-SWR

PetroCN HK SDR 1to2

Hong Kong Stock Midday Review | The Hang Seng Index fluctuates lower with technology stocks broadly declining, while semiconductor stocks rise against the trend

03808

06656

02333

01378

MONTAGE TECH(06809) rose 13.78%, with a trading turnover 1.4 Billion HKD, and a year-to-date rose 142.5%. HUAQIN(03296) rose 10.42%, with a trading turnover 539.8 Million HKD, and a year-to-date rose 26.1%. ILUVATAR COREX(09903) fell 9.37%, with a trading turnover 595.3 Million HKD, and a year-to-date rose 186.4%. SINOTRUK(03808) fell 5.97%, with a trading turnover 764.7 Million HKD, and a year-to-date rose 44.8%.

- The Hang Seng Index fell by 0.2%, with a year-to-date increase of 1.2%, while the Hang Seng Tech Index rose by 0.77%, accumulating a decline of 10.4% this year.  
- Langqi Technology (06809) saw a significant rise of 13.78%, with a turnover of HKD 1.37 billion, marking a year-to-date increase of 142.5%.  
- Conversely, Tianshu Zhixin (09903) decreased by 9.37%, with HKD 600 million in turnover, while China National Heavy Duty Truck Group (03808) dropped by 5.97%, with a year-to-date rise of 44.8%.

SINOTRUK

SIGENERGY

GWMOTOR

CHINAHONGQIAO

Top 5 HK Stock Gainers/Losers (>100B) (4.27)

02015

01072

HUA HONG SEMI(01347) rose 15.18%, with a trading turnover 8.5 Billion HKD, and a year-to-date rose 45.5%. SMIC(00981) rose 10.01%, with a trading turnover 12.4 Billion HKD, and a year-to-date fell 10%. MINIMAX-W(00100) fell 9.44%, with a trading turnover 2.0 Billion HKD, and a year-to-date rose 371.2%. KNOWLEDGE ATLAS(02513) fell 9.05%, with a trading turnover 3.0 Billion HKD, and a year-to-date rose 704.6%.

- The Hang Seng Index rose by 0.24%, with a year-to-date gain of 1.4%, while the Hang Seng Tech Index increased by 0.75%, but is down 11.1% for the year.  
- Hua Hong Semiconductor (01347) saw a significant increase of 15.18%, with a trading volume of HKD 84.7 billion and a year-to-date gain of 45.5%.  
- In contrast, MINIMAX-W (00100) fell by 9.44% despite a remarkable year-to-date gain of 371.2%, while SMIC (00981) dropped by 10% year-to-date, marking a 10.01% increase today.

LI AUTO-W

DONGFANG ELEC

Top 5 HK Stock Gainers/Losers (>100B) (4.24)

02655

00650

02198

01989

02595

GUOXIA TECH(02655) rose 33.79%, with a trading turnover 1.9 Billion HKD, and a year-to-date fell 10.4%. PRODUCTIVE TECH(00650) rose 27.71%, with a trading turnover 57.5 Million HKD, and a year-to-date rose 181.9%. HUA HONG SEMI(01347) rose 15.18%, with a trading turnover 8.5 Billion HKD, and a year-to-date rose 45.5%.

BI#SMIC RC2612S(55288.HK)