02878 SOLOMON SYSTECH
- 0.305
- +0.005+1.67%
SOLOMON SYSTECH News
Open source securities: Downstream demand in the semiconductor industry is gradually recovering, bullish on SoC, storage chips, semiconductor equipment, etc.
Bullish on the future growth of companies in multiple sectors such as SoC, storage chips, semiconductor equipment, etc.
Solomon Systech (International) Expects Up To 47% Decline in H1 Profit; Share Slide 6%
Solomon Systech (International) (HKG:2878) expects profit attributable to shareholders of about $7.0 million to $7.5 million for the six months ended June 30 a decrease of roughly 43% to 47% from $13.
Glory Announcement Selection (HK stocks) | Metallurgical Corporation of China (01618.HK): The amount of new signed contracts in the first half of the year was 67.779 billion yuan, a year-on-year increase of 92.5% in new overseas contracts.
Today's focus: Metallurgical Corporation of China (01618.HK): new contract amount of 677.79 billion yuan in the first half of the year, a year-on-year increase of 92.5% in new overseas contract amount. Metallurgical Corporation of China (01618.HK) announced that the company's new contract amount for January-June 2024 was RMB 677.79 billion, a decrease of 6.2% compared to the same period last year. Among them, the new overseas contract amount was RMB 43.54 billion, a year-on-year increase of 92.5%. Major events: Capital realm (00204.HK) recently signed a strategic cooperation intention agreement with Xinghua Economic Development. Southgobi (01878.HK) and
Solomon Systech (02878.HK) issued a profit warning stating that the expected comprehensive surplus attributable to shareholders for the mid-year is expected to decrease by approximately 43% to 47%.
Solomon Systech (02878.HK) announced that the group is expected to record an unaudited comprehensive net profit attributable to shareholders of approximately 7.0 million to 7.5 million US dollars for the six months ended June 30, 2024, decreasing by about 43% to 47% compared to approximately 13.2 million US dollars for the six months ended June 30, 2023. The main reason for the decrease in unaudited comprehensive net profit attributable to shareholders for the first half of 2024 is due to the decrease in sales revenue and gross profit.
Express News | Solomon Systech (International) Sees Decrease in Sales Revenue and Gross Profit for Hy
Express News | Solomon Systech (International) Sees Unaudited CONSOL Profit Attributable of US$7.0 Mln to US$7.5 Mln for Hy
SOLOMON SYSTECH: PROFIT WARNING
New Silk President Gaisen Xin: AI promotes doubling growth in the semiconductor industry.
The three-day World Artificial Intelligence Conference (WAIC) will be held in Shanghai on July 4-6, 2024. Despite the continuous high temperature, the enthusiasm of everyone has not been affected. Even though the temperature keeps rising, the venue is still crowded with people.
The Fed's Ambivalence: What Investors Can Expect from Its Dovish Shift
While the Federal Reserve has kept interest rates unchanged, recently released economic data such as PCE, CPI, and the unemployment rate suggest that inflation is trending in the right direction, leading the market to believe that a cycle of decreasing interest rates will begin soon. However, the debate continues; it's not about "whether or not," but rather "when and how" rate cuts will occur.
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.
Hong Kong stock abnormality: Hua Hong Semiconductor (01347) rose more than 8%, leading the semiconductor stocks. Taiwan Semiconductor responded to the rumor of wafer price increase, Hua Hong may raise prices in the second half of the year.
Chip stocks surged in early trading, as of press time, Hua Hong Semiconductor (01347) rose 7.83% to HK$24.1; Shanghai Fudan (01385) rose 3.93% to HK$13.22; Semiconductor Manufacturing International Corporation (00981) rose 3.02% to HK$18.4; Solomon Systech (02878) rose 2.86% to HK$0.36.
The semiconductor sector is under collective pressure. Solomon Systech (02878) fell by 5.48%. The US government is reportedly planning to further restrict China's access to AI chip technology.
Jingu finance | The semiconductor sector as a whole is under pressure, with Solomon Systech (02878) down 5.48%, Shanghai Fudan (01385) down 3.76%, Hua Hong Semiconductor (01347) down 3.53%, Semiconductor Manufacturing International Corporation (00981) down 2.68%, and HG Semi (06908) down 2.27%. According to reports, sources revealed that the Biden administration is considering further restrictions on China's access to semiconductor technology for artificial intelligence (AI), targeting a new hardware technology that has recently entered the market. Sources said that the measures under discussion by the Biden administration will restrict China.
Chip stocks rose against the market, hg semi (06908) rose 4.71%. Institutions are bullish on the growth of AI mobile phones and PC-related industrial chains in the second half of the year.
Golden Finance News | Chip stocks rise against the market, HG Semi (06908) up 4.71%, ASMPT (00522) up 2.97%, Solomon Systech (02878) up 2.78%, Shanghai Fudan (01385) up 2.38%, Hua Hong Semi (01347) up 2%, SMIC (00981) up 1.96%. Sinolink Research Reports said that Taiwan Semiconductor's revenue in May increased by 30% year-on-year, bullish on third-quarter electronic shipping season opportunities. Looking ahead to the second half of the year, there will be many heavyweight AI mobile phones and AI PCs released, and the electronic industry will embrace a demand season in the third quarter, with inventories...
HK stocks anomaly | Semiconductor concept rises across the board, big fund's third phase fundraising lands.
Semiconductor stocks rose across the board in early trading. As of press time, Solomon Systech (02878) rose 7.46% to HKD 0.36; Hua Hong Semi (01347) rose 5.45% to HKD 21.3; Shanghai Fudan (01385) rose 4.65% to HKD 12.82; Semiconductor Manufacturing International Corporation (00981) rose 3.34% to HKD 17.32. $Semiconductors(BK1013.HK)$ rose across the board in early trading before press time.
[Special V] Deng Shengxing: Hong Kong stock trends may change, cautious investors choose defensive stocks
Jinwu Financial News | The Hang Seng Index closed at 18230 on Thursday (30th), down 246 points, or 1.3%. The daily turnover was 125.503 billion yuan; the National Index reported 6462, down 94 points, or 1.4%. The Science Index reported 3752, down 12 points, or 0.3%. Chip stocks bucked the market. SMIC (00981) rose 4.9%, the second-best performing blue chip; Shanghai Fudan (01385) rose 4%; Huahong Semiconductor (01347) jumped 4%; Jingmen (02878) jumped 18%; and Hongguang Semiconductor (06908) surged 32.5%. Shunyu Optics (02382) Clean
Solomon Systech (International) Limited's (HKG:2878) Shares Bounce 29% But Its Business Still Trails The Market
Solomon Systech (International) Limited (HKG:2878) shareholders would be excited to see that the share price has had a great month, posting a 29% gain and recovering from prior weakness. Not all sh
Changes in Hong Kong stocks | Jingmen Semiconductor (02878) rose more than 13%, leading the launch of the third phase of the Chip Stock Fund to help long-term industrial development
Chip stocks rose again in early trading. As of press release, Jingmen Semiconductor (02878) rose 9.84% to HK$0.335; Shanghai Fudan (01385) rose 5.17% to HK$12.2; Huahong Semiconductor (01347) rose 4.23% to HK$20.2; and SMIC (00981) rose 4.36% to HK$16.76.
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.
Solomon Systech's AGM Set for Key Decisions
Jingmen Semiconductor (02878.HK): Liu Fei appointed as non-executive director
Gelonghui, May 13, 丨 Jingmen Semiconductor (02878.HK) announced that Kang Jian has requested the resignation of a non-executive director due to other business arrangements requiring more time and effort, effective May 13, 2024. Liu Fei has been appointed as a non-executive director and member of the Audit Committee with effect from May 13, 2024.
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