On June 9, Hua Hong Semiconductor rose 3.14% in regular trading, trading at 138.5 HKD/share, with trading volume of 617 million HKD.

On the news front, after two consecutive trading days of heavy selling with a cumulative decline exceeding 13% — triggered by overnight US chip stock weakness where the Philadelphia Semiconductor Index fell over 2%, Broadcom plunged over 12%, and Micron dropped over 7% — the semiconductor sector staged a broad recovery. Among sector peers, Gigadevice rose 3.67%, Montage Technology gained 3.63%, and Iluvatar CoreX advanced 2.34%.

On fundamentals, the company reported Q1 revenue of USD 661 million, up 22.2% year-over-year. Its analog and power management as well as NVM storage platforms continue to benefit from AI server companion chip demand expansion and overseas customer order reflux, providing underlying support for the stock price.

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