Market quick glance | The three major Indices showed mixed results, with the tech index slightly rising, Xiaomi and Tencent increasing nearly 3%; Semiconductors stocks were strong, with Semiconductor Manufacturing International Corporation rising over 8%;

Network Technology stocks performed poorly, KUAISHOU-W fell by 5.42%, Alibaba-W dropped by 3.44%; most Coal Industrial Concept stocks declined, SOUTHGOBI fell by 12.02%, China Coal Energy dropped by 6.37%; many Hong Kong Retail Stocks fell, PRADA decreased by 3.80%, BOSSINI INT'L dropped by 3.48%;

Futu NewsDec 20 16:23

Express News | The Hang Seng Index closed down 0.16%, while the Hang Seng TECH Index rose 0.11. Chip stocks strengthened, with Semiconductor Manufacturing International Corporation gaining over 8%, HG SEMI rising nearly 7%, SOLOMON SYSTECH and HUA HONG SEMI increasing m

BreakingsDec 20 16:10

What happened? Hong Kong stocks in the Technology and semiconductor sectors suddenly surged, with Semiconductor Manufacturing International Corporation skyrocketing by over 10%.

According to market rumors, the USA may introduce a new update to AI export controls in the next few days, which is said to possibly involve two aspects. One is the implementation of licensing requirements for the contract manufacturing of 7nm chips. The other is the establishment of global export restrictions for GPUs, meaning in the future, non-allied countries may only be able to purchase from companies on the VEU whitelist.

Brokerage ChinaDec 20 12:44

Hong Kong stock market midday review | All three Indexes rose, Semiconductors and Tencent Related stocks strengthened, Weimob surged over 16%, Semiconductor Manufacturing International Corporation rose over 10%, and Tencent increased over 3%.

Network Technology stocks generally fell, KUAISHOU-W dropped 4.65%, Alibaba-W fell 3.32%; many Coal Industrial Concept stocks declined, SOUTHGOBI fell 8.50%, China Coal Energy dropped 5.01%; Mobile Game stocks rose, BOYAA fell 5.06%, TENCENT increased 3.08%;

Futu NewsDec 20 12:09

Funds continue to flock to the market! The Hong Kong stock market's semiconductor sector further rises: HG SEMI increases by over 12%, Semiconductor Manufacturing International Corporation rises by over 10%.

On December 20th, Gelonghui reported that recent AI product launches and updates from ByteDance, ChatGPT, Google, and others have led to renewed enthusiasm for the semiconductor Sector among market investors. Hong Kong stocks in the semiconductor Sector further surged during the day, with CONTEL rising over 35%, HG SEMI rising over 12%, Semiconductor Manufacturing International Corporation rising over 10%, SOLOMON SYSTECH rising over 7%, BRAINHOLE TECH and HUA HONG SEMI rising nearly 7%, SHANGHAI FUDAN rising nearly 6%, CE HUADA TECH rising over 3%, and INGDAN rising over 1%. Industry insiders believe that the trend toward self-controllable semiconductor Industry is inevitable, with the acceleration of domestic manufacturing.

Gelonghui FinanceDec 20 11:52

Hong Kong stocks movement | Chip stocks rose collectively in the morning. In the third quarter, the global top ten foundry output value hit a record high, with significant achievements in self-controllable foundry.

Chip stocks collectively rose in the morning. As of the time of this report, Semiconductor Manufacturing International Corporation (00981) rose by 5.74%, reaching 27.65 HKD; HG SEMI (06908) increased by 5.17%, reaching 0.61 HKD; HUA HONG SEMI (01347) rose by 3.41%, reaching 21.2 HKD; SOLOMON SYSTECH (02878) increased by 3.33%, reaching 0.465 HKD.

Zhitong FinanceDec 20 10:00