Market Analysis: NVIDIA And Competitors In Semiconductors & Semiconductor Equipment Industry

BenzingaDec 24 10:00 ET

Capital trends | Northbound funds have continuously purchased over 1.9 billion HKD of Industrial And Commercial Bank Of China for two consecutive days, and have increased their positions in Weimob for four consecutive days.

Today's net Buy of Hong Kong stocks is 5.227 billion HK dollars.

Gelonghui FinanceDec 24 05:13 ET

Chinese Shares End Higher, Led by Semiconductor Stocks -- Market Talk

WSJDec 24 02:36 ET

[Brokerage Focus] Goldman Sachs raises the Target Price for Semiconductor Manufacturing International Corporation (00981) by 14.38%, maintaining an optimistic outlook on its revenue prospects.

Goldman Sachs released a Research Report stating it remains Bullish on Semiconductor Manufacturing International Corporation (00981) as a leading foundry in China due to the growing demand from its clients for localized production. However, ongoing capacity expansion, increased supply of mature node capacity, intensified competition, and geopolitical risks remain concerns and uncertainties for valuation. It is anticipated that in the second half of this year, the end demand in the industrial and Autos sectors may weaken amid fierce competition, but as inventory digestion is completed, it should gradually recover. With healthier inventory levels and the drive for localization, an optimistic outlook for Semiconductor Manufacturing International Corporation's revenue prospects is held.

King Wu Financial NewsDec 23 23:22 ET

Capital movements | Northbound funds sold more than 1.2 billion Hong Kong dollars worth of Meituan, while continuously buying more than 4 billion Hong Kong dollars worth of Tencent for two consecutive days.

Today, the net Buy of Hong Kong stocks is 2.65 billion Hong Kong dollars.

Gelonghui FinanceDec 23 06:57 ET

Express News | Biden Team to Probe Chinese Chips, Setting Up Trump for Tariffs, According to Bloomberg

Moomoo 24/7Dec 23 06:14 ET