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Hong Kong stocks fluctuate: chip stocks continue to rise, Taiwan Semiconductor may initiate a new round of price negotiations, and Huahong may increase wafer prices by 10% in the second half of the year.
Chip stocks continue their recent upward trend. As of publication, Semiconductor Manufacturing International Corporation (00981) rose 3.54% to HKD18.72; Hua Hong Semi (01347) rose 3.62% to HKD24.35; Contel (01912) rose 3.61% to HKD0.086; and Shanghai Fudan (01385) rose 1.63% to HKD13.72.
Hong Kong stocks fluctuate | Contel (01912), a low-priced stock, surged more than 160% on high trading volume, and the third phase of the major fund is expected to drive growth in the semiconductor industry.
Low-price stock Contel (01912) rose sharply today, with a closing price increase of over 160%. As of press time, it rose 131.25% to HKD 0.111, with a turnover of HKD 16.8188 million.
The semiconductor stock trend is strong, Jingmen Semiconductor (02878) rose 13.11%, and institutions expect the third phase of the Big Fund to drive the growth of the semiconductor industry
Jinwu Financial News | Semiconductor stocks are trending strongly. Jingmen Semiconductor (02878) rose 13.11%, Shanghai Fudan (01385) rose 5.17%, Cantelon (01912) rose 4.35%, Huahong Semiconductor (01347) rose 3.97%, SMIC (00981) rose 3.74%, and Hongguang Semiconductor (06908) rose 2.6%. Dongwu Securities said that the size of the third phase of the Big Fund has exceeded expectations and is the largest fund project in the history of the chip sector in China. It is expected that the third phase of the Big Fund will focus on AI-related chips and strengthen on the basis of supporting semiconductor equipment and materials
Revenues Not Telling The Story For Contel Technology Company Limited (HKG:1912) After Shares Rise 27%
Changes in Hong Kong stocks | Huahong Semiconductor (01347) rose more than 9% to lead chip stocks, National Integrated Circuit Industry Investment Fund Phase III shares were established
Chip stocks rallied in the afternoon. As of press release, Huahong Semiconductor (01347) rose 7.65% to HK$19.14; Cantelon (01912) rose 5.88% to HK$0.054; SMIC (00981) rose 5.74% to HK$16.22; and Jingmen Semiconductor (02878) rose 1.85% to HK$0.275.
CONTEL: 2023 ANNUAL REPORT
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