According to Futu News, as of April 11, 2025, 14:01, $Hang Seng Index (800000.HK)$ After some consolidation, it quickly rebounded, breaking above 21,100 points, with the Semiconductors and Internet Sectors leading the gains.
$Hang Seng TECH Index (800700.HK)$ An increase of 3.3% to 4,972.79 points, with the constituent stocks $HUA HONG SEMI (01347.HK)$ Currently showing an increase of 16.39%.
As of April 10, after experiencing a recent significant adjustment, the PE is approximately 11.76 times, which is at a lower mid-level, representing 26.84% of the historical percentile over the past five years.
News: The China Semiconductor Industry Association has issued an urgent notice regarding the "origin" identification rules for semiconductor products. According to the relevant regulations of the General Administration of Customs, the origin of "Integrated Circuits" is determined by the four-digit tariff code change principle, meaning the wafer fabrication site is considered the origin. The China Semiconductor Industry Association stated that proof of purchase (PO) documents should be prepared for customs inspection at the time of declaration.
The China Semiconductor Industry Association recommends that the origin of "Integrated Circuits" be declared based on the location of the "wafer fabrication plant" during import customs declaration, whether they are packaged or not.
Bullish news has driven this market rally in relatively subdued market sentiment and low valuation levels.
Editor/Lee
