HS-SMIC@EC2611B

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.

SMIC's acquisition of assets by issuing shares to be reviewed on May 15

CLSA reiterates 'Outperform' rating on SMIC and other Chinese semiconductor stocks

SMIC's Acquisition of SMIC North Stake to be Reviewed on May 11

Foreign media notes China's potential to leapfrog in the field of photonic chips

Lvtong Technology's Damo Semiconductor Enters SMIC's Supply Chain

China promotes domestic production of 12-inch silicon wafers, with SMIC as a major customer

SMIC obtains a patent for an SRAM device and its formation method

SMIC's Share Issuance for Asset Acquisition to be Reviewed on May 11

SSE M&A committee to review SMIC's acquisition of SMIC-B shares on May 11

US Tightens Semiconductor Export Controls to China, Sparking Market Concerns for Companies like SMIC

Huawei's AI Chip Sales Reported to be Strong, Mostly Manufactured by SMIC

SMIC's proposed share issuance to acquire 49% of SMIC North will be reviewed on May 11

SMIC to Release Q1 2026 Earnings Report

SMIC issues an announcement on the revised description of the report on issuing shares to purchase assets and related party transactions (for meeting)

SMIC Aims to Acquire 49% Stake in SMIC Northern Via Share Issuance to Multiple Companies

UBOT HOLDING

GOLDENPOWER

DEEPEXI TECH

COSMOS MACH

ASIA PIONEER

POLYFAIR HLDGS

ENTERPRISE DEV

INVESTECH HLDGS

HAO WEN HLDGS

RICH GOLDMAN

01347

00005

06809

00981

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

MONTAGE TECH

SMIC

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

02513

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.

Top Gainers&Losers

ILUVATAR COREX

BIREN TECH

WEICHAI POWER

KNOWLEDGE ATLAS

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

GIGADEVICE

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

03296

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%.

HUAQIN

SINOTRUK

SIGENERGY

GWMOTOR

CHINAHONGQIAO

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

01772

00100

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.

GANFENGLITHIUM

MINIMAX-W

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%.

HS-SMIC@EC2611B(28890.HK)