Semiconductor stocks rose against the trend, with Shanghai Fudan (01385) up 2.37%. Citic Sec continues to be bullish on the rapid growth of orders for mainland semiconductor equipment companies in recent years.

Semiconductor stocks rose against the market. As of the time of publication, Baker Micro (02149) rose by 3%, Shanghai Fudan (01385) rose by 2.37%, Semiconductor Manufacturing International Corporation (00981) rose by 1.25%, and Hua Hong Semi (01347) rose by 0.85%.

金吾財訊Jul 21 21:50 ET

CITIC Securities: The bottom of the global simulation chip industry is clear, focusing on two main lines of high-end breakthroughs and industry integration.

At the current point in time, it is more important to focus on the rhythm of industry turning points and the elasticity of the next cycle than to focus on the valuation levels of the current year.

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