Southern Science and Technology Innovation Board 50 ETF (03109) rose more than 7% in afternoon trading. As of the time of writing, it was up 6.96%, trading at HK$16.3 with a turnover of HK$13.747 million. The surge is attributed to a global spike in demand for memory chips, which drove significant share price increases for South Korean chipmakers Samsung Electronics and SK Hynix. Both companies saw intraday gains exceeding 10%, with Samsung Electronics' market capitalization surpassing the US$1 trillion mark. Influenced by this news, the Science and Technology Innovation Board 50 Index surged over 8% by midday on May 6. Concurrently, A-share memory chip concept stocks experienced a wave of limit-up gains. Hygon Information Technology Co.,Ltd. hit a 20% daily gain limit during the session, setting a new historical high for its share price and pushing its total market value above RMB 820 billion. Industrial and Commercial Bank of China (ICBC) Credit Suisse Asset Management analysis indicated that based on the 2025 annual reports and 2026 first-quarter reports disclosed by several semiconductor equipment companies, the industry's overall profitability is improving, with corporate profits showing significant growth. Currently, AI is becoming the core growth engine for the sector. Huachuang Securities believes that as the market gradually becomes less sensitive to geopolitical conflicts, the focus has shifted back to fundamentals and industrial logic. Driven by favorable policies, easing geopolitical risks, and capital inflows, improved market risk appetite is leading to sustained recovery in trading volume. The index is expected to further recover and break through previous highs.