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Semis Advance Broadly after Midday; HUA HONG SEMI Surges 6%+
Recommend 15 Positive 33 Negative 17 |
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HK-listed semiconductors escalated broadly after midday, with HUA HONG SEMI (01347.HK) stretching its rally to peak at $27.95. It last printed at $27.55, up 6.17%, with a volume of 53.7523 million shares, involving $1.445 billion. SMIC (00981.HK) last stood at $47.2, up 4.19%. The company provided guidance for 1Q25, predicting 1Q revenue to grow by 6%-8% QoQ, with GPM ranging 19%-21%. Assuming there is no major change in the external environment, the sales revenue growth rate was forecast to be higher than the average of comparable peers. SMIC A (688981.SH) last traded at RMB102.18, up 1.3%. Second-tier semiconductors advanced too, with chips SHANGHAI FUDAN (01385.HK) soaring nearly 11%, SOLOMON SYSTECH (02878.HK) and CE HUADA TECH (00085.HK) leaping 7.5% and 4.5% respectively. AAStocks Financial News |
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