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The number of pre-orders for the Huawei Mate 70 exceeds 2.1 million, and smartphone industry stocks collectively surge. Fit hon teng (06088) rises by 7.31%.
Jin Wu Finance News | The Huawei Mate 70 series is likely to trigger another buying spree, with stocks in the mobile industry collectively rising: Fit Hon Teng (06088) up 7.31%, Q Tech (01478) up 7.07%, BYD Electronics (00285) up 4.92%, Sunny Optical (02382) up 3.34%, Semiconductor Manufacturing International Corporation (00981) up 2.46%, Hua Hong Semi (01347) up 1.45%.
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.
We Think That There Are More Issues For Hua Hong Semiconductor (HKG:1347) Than Just Sluggish Earnings
Semiconductor concept stocks collectively fell, hg semi (06908) dropped by 13.24%. Market concerns over worsening geopolitical tensions aggravating the chip supply shortage.
King Kong Financial News | Semiconductor concept stocks collectively fell. As of the time of publication, hg semi (06908) fell by 13.24%, hua hong semi (01347) fell by 7.81%, Baker Microelectronics (02149) fell by 3.5%, Shanghai Fudan (01385) fell by 2.7%, semiconductor manufacturing international corporation (00981) fell by 2.39%. On the news front, according to recent reports from the media, the US Department of Commerce has sent a letter to Taiwan Semiconductor, requesting to stop supplying 7-nanometer and more advanced process AI chips to customers in mainland China from the 11th. Sources said that Taiwan Semiconductor has notified affected customers to suspend related chips from the 11th onwards.
[Special Guest V] Deng Shengxing: Renminbi Weakens, Hong Kong Stocks Lack Strength to Move Up
King's Finance News | Hang Seng closed at 19846 on Tuesday (12th), down 580 points or 2.8%; total market turnover was 234.2 billion yuan for the day. The HSI fell by 3.1% to 7127; the Tech Index dropped by 4.2% to 4456. Bitcoin broke through the top again, nearing the $0.09 million mark, with related ETFs gaining momentum. Huaxia Bitcoin (03042) surged by 10%; asmpt (00522) stated that discussions on potential privatization have ceased with the potential offeror, closing the day down by 7.2%. The Dow closed at 43910 points on Tuesday (12th), down 382 points or 0.86%; the Nasdaq fell by 0.29%.
How should the semiconductor sector reverse the trend of 'downward pressure' with 'resistance' or 'assistance'?
Is the momentum of semiconductors rebounding about to come to a sudden halt?
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李白的李 : Semiconductor Manufacturing International Corporation has advanced processes.