The USA is going to hold a hearing to investigate China's traditional chips, leading to a decline in chip stocks.

Jingwu Financial News | Chip stocks fell broadly, with BEKE Micro (02149) down 4.20%, SOLOMON SYSTECH (02878) down 3.64%, HUA HONG SEMI (01347) down 2.85%, SHANGHAI FUDAN (01385) down 2.75%, CE HUADA TECH (00085) down 2.10%, ASMPT (00522) down 1.87%, and HG SEMI (06908) down 1.64%. The office of the U.S. Trade Representative will hold a hearing on the 11th local time to discuss the possibility of further increasing tariffs on traditional chips (mature process chips) produced in China.

Jinwu Financial News09:39

Production cuts and price increases! Multiple factors are affecting the gradual rise of domestic Memory Chips.

Currently, Chinese manufacturers are taking over the baton of counter-cyclical investment. According to Yangtze Memory Technologies' second-phase plan, its production capacity is expected to increase to about 300,000 wafers per month by 2025, approximately equal to the NAND Flash capacity of SK Hynix, with market share expanding to 10% of the global market.

Zhitong Finance07:04

Becker Micro (02149.HK) plans to hold a Board of Directors meeting on March 20 to approve the annual performance.

Gelonghui reported on March 10 that Baker Micro (02149.HK) announced that the Board of Directors has scheduled a meeting on March 20, 2025 (Thursday) to review and approve the company's annual performance for the year ending December 31, 2024, its release, consider the proposal for the payment of a final dividend (if any), and address other matters.

Gelonghui FinanceMar 10 17:37

BATELAB: DATE OF BOARD MEETING

HKEXMar 10 17:32 · Announcements

Hong Kong Market Quick Look | All three major Indexes fell, with northbound capital surging to a net purchase of 29.6 billion HKD, setting a new historical high! Mizuho rose nearly 11% to reach a new high again.

Network Technology stocks weakened, MEITUAN-W fell by 4.69%, JD-SW dropped by 4.59%; Mobile Game stocks generally declined, IDREAMSKY fell by 10.08%, KINGSOFT dropped by 4.40%; Biotechnology stocks fell broadly, EVEREST MED-B decreased by 11.06%, BEIGENE fell by 5.85%.

Futu NewsMar 10 16:30

Hong Kong Stock Afternoon Review | The three major indices are rising like a rainbow! The Hang Seng Index reached a new high of 24,000 points in nearly three years, with a rise of nearly 5% and returned to 6,000 points; TechNet and DeepSeek concept stocks

Network Technology stocks rose broadly, KUAISHOU-W increased by 13.89%, Alibaba-W rose by 7.24%; Apple Supplier stocks went up, VSTECS rose by 8.55%, AAC TECH increased by 8.34%; Digital Health stocks surged, Dingdang Health rose by 7.22%, JD HEALTH increased by 5.69%.

Futu NewsMar 6 12:18