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Express News | Biden Team to Probe Chinese Chips, Setting Up Trump for Tariffs, According to Bloomberg
The Semiconductors Sector has risen broadly, Semiconductor Manufacturing International Corporation (00981) is up 4.4%, and Institutions expect Global Semiconductors growth to continue.
Jinwu Finance | The Semiconductor Sector saw widespread increases, with Semiconductor Manufacturing International Corporation (00981) rising 4.4%, HUA HONG SEMI (01347) rising 2.19%, SHANGHAI FUDAN (01385) rising 2.11%, and HG SEMI (06908) rising 1.72%. According to the news, Jianyin International stated that Global semiconductor growth continues; 2025 will be another year of growth. According to WSTS, global semiconductor sales are expected to grow by 23% and 15% year-on-year in September and October 2024, making October the 14th consecutive month of year-on-year growth since September 2023. Performance of downstream applications.
Hong Kong stocks are moving | Semiconductor stocks rising, driven by AI, the Industry is expected to see a recovery in prosperity. The autonomous and controllable Industry Chain is likely to bring opportunities for increasing domestic market share.
Semiconductor stocks have surged, as of the time of reporting, HG SEMI (06908) is up 9.38%, trading at 0.63 Hong Kong dollars; SHANGHAI FUDAN (01385) is up 3.5%, trading at 15.36 Hong Kong dollars; Semiconductor Manufacturing International Corporation (00981) is up 2.38%, trading at 25.85 Hong Kong dollars.
HG Semiconductor Deputy-CEO Steps Down, Shares Up 7%
HG SEMI (06908.HK): Lu Kailing resigned as Executive Director.
Gelonghui December 11th丨HG SEMI (06908.HK) announced that starting from December 11, 2024, Mr. Lu Kairin will resign as Executive Director and Deputy Chief Executive Officer of the company due to his desire to dedicate more time to handle his Other business commitments.
Express News | HG Semiconductor Ltd - Lu Kailin Tendered Resignation as Executive Director & Deputy CEO
