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.

Zhitong FinanceNov 28 22:31 ET

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.

Zhitong FinanceNov 27 02:09 ET

Shareholders in ASMPT (HKG:522) Are in the Red If They Invested Five Years Ago

Simply Wall StNov 26 22:10 ET

"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.

cls.cnNov 26 21:56 ET

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.

Zhitong FinanceNov 25 00:48 ET

DBS: Rated ASMPT (00522) 'Buy' with a target price of HK$82.

DBS expects that the annual compound growth rate of asmpt (00522) tcb-related revenue from 2023 to 2026 can reach 65%.

Zhitong FinanceNov 20 02:03 ET