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Hong Kong stocks surge due to the rise in semiconductor stocks, semiconductor manufacturing international corporation (00981) up nearly 5%, shanghai fudan (01385) up over 4%.
Semiconductor stocks surged, as of the time of writing, semiconductor manufacturing international corporation (00981) rose by 4.57% to 26.3 Hong Kong dollars; shanghai fudan (01385) increased by 4.18% to 15.44 Hong Kong dollars; hua hong semi (01347) went up by 4.24% to 20.9 Hong Kong dollars.
Hong Kong stocks are moving differently | Chip stocks rose in the afternoon as imports of semiconductor equipment faced obstacles, which may intensify, and the push for self-sufficiency is expected to accelerate continuously.
Chip stocks rose in the afternoon trading session. As of the time of publication, Shanghai Fudan (01385) rose by 7.31% to HK$14.98; ASMPT (00522) rose by 5.07% to HK$76.7; Hua Hong Semi (01347) rose by 4.79% to HK$20.35; Semiconductor Manufacturing International Corporation (00981) received a net buy of 3.45%, reaching HK$25.5.
"Trump 2.0" deters the global? South Korea plans to increase support for chip companies and introduce $10 billion low-interest loans next year.
① South Korea plans to increase financial support for domestic chip manufacturers next year to address the challenges posed by the 'Trump 2.0' policy and competitors like China; ② The South Korean Ministry of Finance stated that low-interest loans will reach 14.3 trillion won (approximately 10.2 billion USD) next year to support new chip park enterprises and others.
Hong Kong stocks are moving | Semiconductor stocks are collectively under pressure, hua hong semi (01347) has dropped over 3% as reports indicate that the usa plans to upgrade export controls on chips to China.
Semiconductor stocks are collectively under pressure. As of the time of posting, contel (01912) is down 4%, trading at 0.096 Hong Kong dollars; hua hong semi (01347) is down 3.1%, trading at 19.72 Hong Kong dollars; semiconductor manufacturing international corporation (00981) is down 2.2%, trading at 24.5 Hong Kong dollars.
ce huada tech (00085): Fu Dan has been appointed as a non-executive director.
ce huada tech (00085) announced that Liu Jinmei has retired from the position of non-executive director of the company due to reaching retirement age and has...
A-shares and Hong Kong stocks are up, with the gem rising more than 1%, led by photovoltaics, chips, and non-ferrous metals.
PV concept stocks in A-shares rose at the beginning of the market, Suzhou Good-Ark Electronics hit the limit up, Sungrow Power Supply, Deli Technology rose more than 6%, Ginlong Technologies, Suzhou Maxwell Technologies, and Orise Technology quickly followed the upward trend.
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