Jinwu Financial News | Semiconductor stocks came out strong in the afternoon. Cantelon (01912) rose 23.81%, Hongguang Semiconductor (06908) rose 18.31%, SMIC (00981) rose 14.42%, Shanghai Fudan (01385) rose 13.15%, Huahong Semiconductor (01347) rose 10.61%, and Jingmen Semiconductor (02878) rose 8%.

According to the news, Guotai Junan said that in the past week, among the seven major technology industries tracked, semiconductors were the only industry that rose. The Select Index rose 3.2%, 6.8pct higher than the Shanghai Composite Index. Among the rest of the industries, power batteries (-7.1%) and photovoltaics (-6.6%) had the biggest declines. Since the index has fluctuated greatly in the past week, the overall weekly trend does not fully reflect the industry trend. According to data from the American Semiconductor Industry Association, the growth rate of global semiconductor sales is about 20%, and the growth rate of the Chinese market is also close to the global level, about 19%. Judging from the current industry cycle, the semiconductor industry's development and performance are expected to be steady, moderate and positive.