Semiconductor stocks rose strongly in early trading. As of press time, HG Semi (06908) was up 22.5% to HKD 0.49; Hua Hong Semi (01347) was up 6.94% to HKD 22.35; Semiconductor Manufacturing International Corporation (00981) was up 4.56% to HKD 17.88.
According to the news from Zhītōng Cáijīng app, semiconductor stocks rose in early trading. As of press time, HG Semi (06908) was up 22.5% to HKD 0.49; Hua Hong Semi (01347) was up 6.94% to HKD 22.35; Semiconductor Manufacturing International Corporation (00981) was up 4.56% to HKD 17.88; CE Huada Tech (00085) was up 4.48% to HKD 1.4; Shanghai Fudan (01385) was up 3.84% to HKD 12.98.
According to the research on the industry chain, the price of silicon wafers for Hangzhou Lion Microelectronics Co., Ltd. has risen by 5-10%; the price of general flat MOS of Sichuan Guangyihe Huikex Semiconductor has risen from RMB 440 to over RMB 500, with a growth rate of over 15%. Galaxy Securities pointed out that the semiconductor industry sector has experienced a continuous adjustment. Multiple signs indicate that the semiconductor industry cycle is about to reverse. The establishment of the Third National Fund injects a tonic for the market.
The registered capital of the Third National Fund has reached RMB 344 billion, which exceeds the sum of the previous two phases. Tianfeng Securities determines that fields with relatively low domestic substitution ratios (such as the advanced process industry chain, storage industry chain, etc.) are expected to receive support from the National Fund, and relevant companies in these fields may usher in accelerated development opportunities.