The output value of the top ten global foundry in the third quarter reached a record high, and the results of independent and controllable wafer foundry were remarkable
The Zhitong Finance App learned that the Hong Kong stock Hang Seng Index rose 0.16% to 19784 points in early trading; the Hang Seng Technology Index rose 0.69%.
Chip stocks collectively rallied higher in early trading. The output value of the world's top ten foundry reached a record high in the third quarter, and the results of independent and controllable wafer foundry were remarkable. SMIC (00981) rose 10.52% to HK$28.90; Huahong Semiconductor (01347) rose 7.32%.
New energy vehicle stocks rose, and the high season at the end of the year was compounded by an increase in trade-in policies, and the industry continued to boom. Weo-SW (09866) rose 2.60%; Zero Sports (09863) rose 4.19%; Ideal Automobile-W (02015) rose 2%; and Xiaopeng Motor-W (09868) rose 0.93%.
Little Vegetable Garden (00999) was first listed, up 4.47% in early trading.
Tencent (00700) rose more than 3% in early trading. WeChat stores continued to receive more attention, and new features cater to potentially huge emerging channels.
Weimeng Group (02013) continued to surge 16.59%. WeChat stores are testing the “send gifts” function, and CICC is expected to be the first to benefit.
Oriental Selection (01797) increased by more than 15%. It already supports the “send gifts” function in WeChat stores, and the company has a wealth of self-operated products.
Longpan Technology (02465) rose 9% in early trading. Institutions said demand for lithium iron phosphate continued but it was difficult to push up.
Shangmei shares (02145) rose more than 5%, and Han Shu's growth potential is strong, and it already has a place in the WeChat e-commerce ecosystem.
Jinshan Cloud (03896) rose 10.64% in early trading, and the company benefited from Xiaomi's demand for computing power to deeply integrate AI into the ecosystem.
Zoomlion Heavy Industries (01157) fell more than 2%, and the company's revenue during the year fell far short of expectations. UBS indicated that its domestic business is still under pressure.
Kusahime Group (02593) fell more than 8% the day after listing. It once fell below the issue price in early trading. The company is based in the Hong Kong health products market.