Hua Hong Semiconductor (01347) saw its stock soar by 5.02% during intraday trading on Thursday, outperforming the broader market as semiconductor stocks in Hong Kong showed remarkable strength. This surge comes as part of a sector-wide rally that saw several chip-related companies posting significant gains.

Earlier in the trading session, reports indicated that Hua Hong Semiconductor had risen by 2%. However, the stock's continued momentum pushed it to a more substantial 5.02% increase, highlighting the strong investor interest in the semiconductor sector. Other notable performers in the space included Shanghai Fudan, which jumped more than 5%, and SMIC, which saw a 3% increase.

The robust performance of semiconductor stocks, including Hua Hong Semiconductor, is particularly noteworthy as it comes against the backdrop of a generally subdued market. This divergence suggests that sector-specific factors, possibly related to global chip demand or industry developments, are driving investor enthusiasm for Hong Kong-listed semiconductor companies. As the trading day progresses, market participants will be closely watching to see if this positive trend in chip stocks continues to gain traction.