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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.
Individual Investors Are Shanghai Fudan Microelectronics Group Company Limited's (HKG:1385) Biggest Owners and Were Hit After Market Cap Dropped HK$688m
Hong Kong stock concept tracking | Chinese enterprises will provide low-orbit satellite services for Brazil, accelerating the opening of the satellite internet plus-related market space (including concept stocks).
Chinese companies will provide low-orbit satellite services to Brazil.
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.
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.
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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