Golden Finance News | Semiconductor stocks surged in the afternoon, with Contel (01912) up 23.81%, HG Semi (06908) up 18.31%, Semiconductor Manufacturing International Corporation (00981) up 14.42%, Shanghai Fudan (01385) up 13.15%, Hua Hong Semi (01347) up 10.61%, Solomon Systech (02878) up 8%.

On the news front, GTJA stated that in the past week, among the seven major technology industries it tracks, semiconductors were the only industry to rise, with the selected index up 3.2%, 6.8 percentage points higher than the SSE Composite Index. Among the other industries, the largest declines were in power batteries (-7.1%) and photovoltaics (-6.6%). Due to significant index fluctuations in the past week, the weekly trend may not fully reflect the industry trend. Combining data from the Semiconductor Industry Association of the United States, global semiconductor sales growth is about 20%, with China's market growth also close to the global level at around 19%. Looking at the current industry cycle, it is expected that the semiconductor industry will continue to develop steadily with positive performance.