Movement Alert|Hua Hong Grace Rises 3.04% in Regular Trading, Wafer Foundry Price Hike Expectations and M&A Approval Drive Momentum

Market Focus
Jun 30

On June 30, Hua Hong Grace rose 3.04% in regular trading, trading at 207.8 HKD/share, with turnover of 1.162 billion HKD, extending the recent semiconductor sector rebound.

On the news front, wafer foundry price hike expectations continue to intensify. TSMC has reportedly notified clients of a 5% to 10% price increase across all advanced processes at 7nm and below, boosting capital flows into the wafer manufacturing space. Additionally, the company's acquisition of a 97.5% stake in Shanghai Huali Microelectronics has been approved by the SSE M&A Review Committee, with a transaction consideration of 8.268 billion yuan. The target specializes in 12-inch IC wafer foundry services and is expected to further expand the company's high-end mature process capacity.

Within the Semiconductor sector, SMIC rose 2.65%, Biren Tech rose 1.2%, Iluvatar CoreX rose 1.01%, Montage Technology rose 0.09%, while GigaDevice fell 3.55%.

(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.)

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