On September 21, HUA HONG GRACE rose 3.2% in regular trading, trading at HK$118.7/share, with turnover of HK$198 million.

On the news front, semiconductor mature process demand continues to surge, with peers UMC and Powerchip Semiconductor reportedly planning wafer price increases. As a global leading specialty process foundry, HUA HONG GRACE stands to benefit directly from tightening domestic foundry capacity and rising price expectations. Meanwhile, Goldman Sachs recently assigned the company a Buy rating with a target price of HK$335, citing AI demand and localization trends as drivers for China semiconductor industry capex growth of 10% to 15% over the coming years, positioning the company as a key beneficiary.

Within the Semiconductors sector, notable peers showed mixed performance: Montage Tech up 4.59%, GigaDevice up 2.64%, SMIC up 1.61%, while Biren Tech edged down 0.42% and Iluvatar CoreX slipped 1.07%, reflecting sector-wide linkage effects. On the fundamentals side, the company reported first-half revenue of USD 1.378 billion, up 24.5% year-on-year, with net profit surging 409%. The company also recently completed the acquisition of 97.5% of Huali Microelectronics and announced plans to invest approximately RMB 5.56 billion in its Wuxi Phase III 12-inch specialty process production line.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)