Hong Kong stocks fluctuate | Chip stocks see extended decline in the afternoon, investment restrictions on US chips and AI upgraded, institutions bullish on industry expecting a wave of mergers and acquisitions.

Chip stocks widened their losses in the afternoon. As of the time of publication, shanghai fudan (01385) fell by 6.51% to 15.5 Hong Kong dollars; hua hong semi (01347) fell by 4.81% to 20.8 Hong Kong dollars; semiconductor manufacturing international corporation (00981) fell by 4.81% to 25.75 Hong Kong dollars; hg semi (06908) fell by 3.8% to 0.76 Hong Kong dollars.

Zhitong Finance41minutes ago

US stocks closed: 'Big Seven' all defeated, S&P and Nasdaq hit the largest decline in nearly two months.

1. PHLX Semiconductor Index fell more than 4%; 2. The China Concepts Stock Index dropped 1.3%; 3. Apple's Greater China revenue fell short of expectations; 4. Guo Mingchi: The possibility of super micro computer suspension or delisting is increasing.

cls.cn17:29 ET

"Star" semiconductor companies face a "multiple-choice question": acquisition to the left, sprinting towards IPO to the right | Special Report

①Many former "star" companies in the semiconductor industry this year are at a crossroads of choosing between going public and being acquired. ②Industry insiders indicate that the current A-share IPO review environment has not changed significantly, still maintaining a tightening stance. ③Interviewed investors mentioned that, whether through acquisition or IPO, the choice should be based on industry development characteristics, with a clear hard-tech attribute receiving support from industrial policies, IPO should be preferred as a capitalization path.

cls.cnOct 31 08:43 ET

Hong Kong Stock Market Update: Semiconductor stocks are generally rebounding, with the industry's outlook continuing to improve. Institutions are bullish on the sustained growth in terminal sales on a month-on-month basis.

Semiconductor stocks are generally rebounding. As of the time of publication, Boya Micro (02149) rose by 4.71% to HK$27.8; Shanghai Fudan (01385) rose by 2.94% to HK$16.82. hg semi (06908) rose by 2.5% to HK$0.82.

Zhitong FinanceOct 31 02:25 ET

Beishui Movement: Beishui's net sell-off in transactions was 4.779 billion. Domestic funds sold Hong Kong stock ETFs all day, selling the tracker fund of Hong Kong (02800) for over 3.8 billion Hong Kong dollars.

On October 30th, in the Hong Kong stock market, Beishui had a net sell of 4.779 billion Hong Kong dollars, with a net sell of 1.444 billion Hong Kong dollars in Hong Kong Stock Connect (Shanghai) and a net sell of 3.335 billion Hong Kong dollars in Hong Kong Stock Connect (Shenzhen).

Zhitong FinanceOct 30 05:52 ET

Hong Kong stock market midday review: Hang Seng Index fell 1.86% in the morning, with the semiconductor sector trending down in the morning.

The EU's anti-subsidy tax on electric autos from China will take effect, leading to a collective decline in auto stocks during the morning session.

Zhitong FinanceOct 30 00:00 ET