Stock Track | Hua Hong Semiconductor Soars 6.80% as Hong Kong Chip Stocks Rally

Stock Track

Oct 27

Hua Hong Semiconductor (01347.HK) saw its stock price surge by 6.80% during Monday's intraday trading session, riding the wave of a broader rally in Hong Kong-listed chip stocks. The semiconductor manufacturer's shares outperformed its previous gains, building on the momentum observed in the sector.

The rally in chip stocks appears to be widespread, with several other companies in the sector also posting significant gains. INNOSCIENCE TECHNOLOGY led the pack with a remarkable increase of nearly 11%, while BLACK SESAME INTELLIGENCE rose over 6%. Other notable performers included Batelab, up 4%, Semiconductor Manufacturing International Corporation (SMIC) gaining 3%, and Contel advancing by 2%.

This upward trend in the chip sector comes amid ongoing global supply chain challenges and increasing demand for semiconductors across various industries. Investors seem to be betting on the growth potential of these companies as the world continues to grapple with chip shortages and the increasing digitalization of economies. While the specific catalyst for today's rally remains unclear, the strong performance across the sector suggests a positive sentiment towards Hong Kong-listed semiconductor stocks.

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The semiconductor manufacturer's shares outperformed its previous gains, building on the momentum observed in the sector.</p>\n\n<p>The rally in chip stocks appears to be widespread, with several other companies in the sector also posting significant gains. INNOSCIENCE TECHNOLOGY led the pack with a remarkable increase of nearly 11%, while BLACK SESAME INTELLIGENCE rose over 6%. Other notable performers included Batelab, up 4%, Semiconductor Manufacturing International Corporation (SMIC) gaining 3%, and Contel advancing by 2%.</p>\n\n<p>This upward trend in the chip sector comes amid ongoing global supply chain challenges and increasing demand for semiconductors across various industries. Investors seem to be betting on the growth potential of these companies as the world continues to grapple with chip shortages and the increasing digitalization of economies. While the specific catalyst for today's rally remains unclear, the strong performance across the sector suggests a positive sentiment towards Hong Kong-listed semiconductor stocks.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01347","symbol_name":"华虹半导体","start_time":0,"source_url":"","article_id":"1122900436","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1122900436","pubTimestamp":1761544702,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Hua Hong Semiconductor (01347.HK) saw its stock price surge by 6.80% during Monday's intraday trading session, riding the wave of a broader rally in Hong Kong-listed chip stocks. 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