UB#SMIC RC2610K

Chinese Foundry Receives SSA800 Series for Mass Production

Domestically produced 28nm lithography machines reportedly delivered to clients including SMIC

Hong Kong Stock Market Diverges, Hang Seng Index Falls 0.2%, Hang Seng Tech Index Rises 0.8%

SMIC and semiconductor industry to watch the Advanced Semiconductor Manufacturing Conference (ASMC 2026)

CLSA Reports Resurgence in Analog Chip Demand, Upside for SMIC and Hua Hong

Media Discusses DeepSeek-V4 Model Release, Highlighting a Positive Trend of Domestic Computing Power Substitution for SMIC

China's Ministry of Commerce responds to US chip equipment export control bill, stating it will take necessary measures

China's first integrated circuit factory affairs college is established in Shanghai, led by SMIC founder Richard Chang

SMIC is working to double 7nm chip capacity in 2026, report says

Semiconductor industry sees a wave of price hikes, with the industrial chain entering a new cycle

DeepSeek Launches V4 AI Series Model, Expected to Boost Domestic Chip Demand

China releases latest policies for the semiconductor materials industry, creating a favorable environment for development

SMIC re-enters advanced packaging with a major team expansion in Shanghai

Media article on China's brain-computer interface technology cites SMIC as an example of an "industrial ace"

SMIC Sees Significant Reduction in Holdings in Q1 2026 Public Fund Reports

The 23rd China International Semiconductor Expo (IC China 2026) will be held in Beijing

Reuters: Micron urges US Congress to legislate restrictions on Chinese competitors' access to chip equipment

A Zeiss executive stated that it is too late to block DUV technology now, and its importance is no less than that of EUV

Industry news indicates that foundry giant UMC plans to raise prices in the second half of the year

China's Integrated Circuit Output Increased by 24.3% Year-on-Year in Q1 2026

CONTEL

APEX ACE HLDG

ISDN HOLDINGS

MOST KWAI CHUNG

NICHE-TECH SEMI

JOY SPREADER

MSCTECH

RIZHAO PORT JR

AIM VACCINE

WUXI APPTEC

06809

03296

00501

06869

00981

09903

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%.

Daily Top

MONTAGE TECH

HUAQIN

OMNIVISION

YOFC

SMIC

ILUVATAR COREX

SINOTRUK

SIGENERGY

GWMOTOR

CHINAHONGQIAO

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

01347

01772

00100

02513

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.

HUA HONG SEMI

GANFENGLITHIUM

MINIMAX-W

KNOWLEDGE ATLAS

LI AUTO-W

DONGFANG ELEC

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

02655

00650

02637

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%.

GUOXIA TECH

PRODUCTIVE TECH

HAIXI PHARMA

CHINA SANJIANG

DELTON

GENFLEET-B

Top 10 HK Stock Gainers (4.24)

00329

06610

01710

Hong Kong stock market overview in the past hour The market showed a clear divergence in this hour, with some stocks performing strongly, especially small-cap and technology stocks favored by funds. The strong rise of Dongjian International and Flowing Cloud seems to have attracted more short-term funds' attention, boosting the overall market activity. Meanwhile, the decline of ZHIDA TECH and CPM GROUP indicates a cautious market sentiment, with a noticeable switch of funds between strong and weak stocks. Overall, short-term enthusiasm has increased, volatility has intensified, and the market pace is relatively fast. The stocks with the largest movements in the past hour Dongjian International surged 21.57%, attracting a large inflow of funds in a short time, showing strong buying sentiment. Flowing Cloud also performed well, with an increase of 20.29%, as the market is optimistic about its future development, leading to active short-term trading. Strong stocks 1. ZHIDA TECH: up 17.46%, recent market attention on its technological innovation has increased, with significant fund inflow. 2. AV CONCEPT HOLD: up 16.04%, its competitive advantage in the industry has made it favored by investors, with active short-term fund involvement. 3. E&P GLOBAL: up 16.00%, benefiting from the overall recovery of the energy sector, with optimistic market sentiment. 4. DELTON: up 10.34%, breaking through on the technical front, attracting attention from many short-term funds. 5. SMIC: up 10.09%, as the semiconductor industry recovers, the market is optimistic about its prospects, with accelerated fund inflow

- In the last hour, the Hong Kong stock market showed significant divergence, with small-cap and tech stocks attracting strong buying interest.  
- Notably, Dongjian International surged by 21.57% and Feitian Yundong rose by 20.29%, reflecting increased short-term trading activity, while Zhifeng Industrial Electronics and China Paint Group faced declines, indicating cautious market sentiment.  
- Overall, the market exhibited heightened short-term momentum and increased volatility, highlighting investors' shifting preferences between strong and weak performers.

HK Movers

OCI INTL

FLOWING CLOUD

TRIO IND ELEC

ZHIDA TECH

CPM GROUP

AV CONCEPT HOLD

E&P GLOBAL

GAOYU FINANCE

Hong Kong Stock Movement Update: Technology stocks rebound strongly, Dongjian International and Flowing Cloud rise over 20%

688981

SOXL

SMIC rose 10.09%; Hua Hong Semiconductor rose 15.40%, with a transaction volume of HKD 7.817 billion; Montage Technology fell 0.35%, with a transaction volume of HKD 686 million; Tianshu Zhixin rose 9.06%, with a transaction volume of HKD 645 million; Zhaoyi Innovation fell 0.66%, with a market value of HKD 316.2 billion

- Semiconductor stocks in Hong Kong showed notable movements on April 24, with SMIC rising by 10.09% due to significant trading activity and investor interest following favorable regulatory developments.  
- Hua Hong Semiconductor also experienced a 15.40% increase as the market responded positively to confidence in future growth, with substantial inflows recorded.  
- Conversely, companies like LANQi Technology and Zhaoyi Innovation faced declines, reflecting mixed investor sentiments amid competitive market dynamics and emerging technology trends.

Direxion Semicon Bull 3X

Hong Kong stock movement: SMIC rises 10.09%, driven by favorable policies and capital inflows, market enthusiasm surges

The Hang Seng Tech Index turned positive, with HUA HONG SEMI surging over 12% and SMIC rising more than 7%

Wallstreetcn

Hang Seng TECH Index

Hua Hong

SMIC HK SDR 5to1

688347

159995

159546

Hong Kong chip stocks surged, with HUA HONG SEMI rising over 10% and SMIC gaining more than 7%. The Hang Seng TECH index decline narrowed to 0.7%

ISHARESHSTECH

Hang Seng TECH ETF I

Tianhong Hang Seng TECH ETF(QDII)

CSOP HS TECH

CAM HS TECH

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

ChinaAMC Hang Seng Technology ETF(QDII)

ChinaAMC Guozheng Semiconductor Chip ETF

Guotai CSI All Share Integrated Circuit ETF

GX HS TECH

FTXL

Hong Kong chip stocks surged rapidly, with HUA HONG SEMI rising over 7% and SMIC up more than 5%

First Trust Nasdaq Food & Semicon

601001

000728

The three major A-share indices fell in the first half of the day, with the Shanghai Composite Index down 0.2%, the Shenzhen Component Index down 0.8%, and the ChiNext Index down 0.9%. Brokerage stocks performed poorly, with Guosheng Securities hitting the daily limit down and Guoyuan Securities falling 6.2%. Coal and electricity stocks rose against the trend, with JHSCIC up 4.2%. The central parity rate of the RMB against the USD was raised by 54 points, and the People's Bank of China conducted reverse repurchase operations. Chip stocks generally retreated, with SMIC down 1.7%

AASTOCKS

JHSCIC

GUOYUAN SECURITIES

SSE Index

Shenzhen Index

ChiNext

ICBC

INDUSTRIAL & COMMERCIAL BK OF CHINA UNSP ADR EACH REPR 20 ORD SHS

China Construction Bank

China Mobile

CHINA MOBILE

CHINA MOBILE-R

GUOSHENG SECURITIES

HTGF

FCSC

YANKUANG ENERGY

SHCI

Zhe jiang Provincial New Energy

Baolihua

Cambricon

MetaX

Moore Threads

VeriSilicon

BJCT

BONA

CATL

TIANQI LITHIUM

BYD COMPANY

BYD Company

CN Mobile HK SDR 5to1

CATL HK SDR 30to1

BYD HK SDR 10to1

BYD Company Limited

BYD COMPANY-R

The three major A-share indices of Shanghai and Shenzhen fell by 0.2% to 0.9% in the half-day session, with brokerage and chip stocks weakening, while coal and power stocks rose against the trend

07552

First Shanghai Securities analyst maintained a Buy rating on Semiconductor Manufacturing International yesterday and set a price target of HK$90.00.Claim 30% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Currently, the analyst consensus on Semiconductor Manufacturing International is a Strong Buy with an average price target of HK$88.58.

- First Shanghai Securities analyst has maintained a Buy rating on Semiconductor Manufacturing International with a price target of HK$90.00.  
- The current analyst consensus on the stock is a Strong Buy, with an average price target of HK$88.58.  
- This suggests a positive outlook for the company's future performance in the market.

Tip Ranks

XI2CSOPHSTECH

First Shanghai Securities Keeps Their Buy Rating on Semiconductor Manufacturing International (0981)

The three major A-share indices rose in the first half of the day, with the Shanghai Composite Index up 0.6%, the Shenzhen Component Index up 1.4%, and the ChiNext Index up 2.1%. The offshore RMB against the US dollar rose to 6.8134 yuan, reaching a new high for 2023. New social financing and RMB loans in March both fell short of market expectations. International oil prices retreated, and oil-related stocks generally declined. Chip stocks performed well, with SMIC and Hua Hong rising 1.2% and 4.2%, respectively

Guotai CSI Computer Theme ETF

Guotai CSI Semiconductor Material Equipment Theme ETF

Tianhong CSI Computer Theme ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

China Southern CSI Semiconductor Industry Custom ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

The three major A-share indices in Shanghai and Shenzhen rose by 0.6%-2.1% in the first half of the day, with computing power stocks continuing to surge, while oil-related stocks were relatively weak

00700

01810

00992

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

DEEPEXI TECH

KUAISHOU-W

BIDU-SWR

BUTONG GROUP

51WORLD

XUNCE

HAIZHI TECH GP

POP MART

CNOOC

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

$XL2CSOPHYNIX(07709.HK)$SMIC(00981.HK) Take a group photo for memory

XL2CSOPHYNIX

Deepseek v4 is here. If we include the next-generation models from Anthropic/OpenAI that haven't been publicly released yet, China's cutting-edge models have made significant progress and are catching up closely, but there's still a gap of about 3-6 months.$SMIC(00981.HK)$Taiwan Semiconductor(TSM.US)

UB#SMIC RC2610K(64257.HK)

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

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

Top 10 HK Stock Gainers (4.24)

Hong Kong Stock Movement Update: Technology stocks rebound strongly, Dongjian International and Flowing Cloud rise over 20%

Hong Kong stock movement: SMIC rises 10.09%, driven by favorable policies and capital inflows, market enthusiasm surges