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Hua Hong Semiconductor Renews Key Agreements for 2025
Hong Kong stocks have an unusual movement | Semiconductor Manufacturing International Corporation (00981) surged over 7%, leading the rise in chip stocks. Institutions indicate that the domestic production line will become a long-term main line in the mar
Chip stocks collectively rose in early trading. As of the report, Semiconductor Manufacturing International Corporation (00981) is up by 7.2%, at HKD 31.3; SOLOMON SYSTECH (02878) is up by 5.26%, at HKD 0.5; HUA HONG SEMI (01347) is up by 4.96%, at HKD 22.2; HG SEMI (06908) is up by 3.39%, at HKD 0.61.
Chip stocks generally rose, Semiconductor Manufacturing International Corporation (00981) increased by 4.97%, Institutions expect IC sales to grow by 26% in 2025.
Jinwu Finance News | Chip stocks generally rose. As of the time of writing, Semiconductor Manufacturing International Corporation (00981) is up 4.97%, HUA HONG SEMI (01347) is up 3.55%, Siasun Robot&Automation (09660) is up 3.06%, and SHANGHAI FUDAN (01385) is up 2.07%. On the news front, TechInsights released the 2025 semiconductor manufacturing market outlook, forecasting a 26% increase in IC sales by 2025 due to improvements in end-user demand and rising prices. With the increase in sold equipment, IC sales are expected to jump by 17%, which will also drive a corresponding 17% growth in silicon demand.
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