Several stocks in the Hong Kong stock market's computing power chain surged together: $ILUVATAR COREX(09903.HK) rose by over ten percent, with the dual positive catalysts of inclusion in the Stock Connect and the tech index boosting sentiment for domestic GPUs; $ASMPT(00522.HK) rose by nearly ten points, as its advanced packaging equipment secured repeat orders from major manufacturers; $SICC(02631.HK) also rose by over eight points, with its silicon carbide capacity utilization running at full tilt.
$BIREN TECH(06082.HK) was the only one in this group to decline, falling by over four points. Also a domestic GPU, with no news, its high beta led it to take the brunt of the pullback first 😪
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