Changes in Hong Kong stocks | Chip stocks had the highest rise, Huahong Semiconductor (01347) rose more than 4% intraday, and SMIC (00981) rose nearly 3%

The Zhitong Finance App learned that chip stocks had the highest gains. As of press release, Huahong Semiconductor (01347) rose 3.45% to HK$76.5; Shanghai Fudan (01385) rose 2.63% to HK$39.78; and SMIC (00981) rose 1.86% to HK$68.45.

According to the news, on the evening of December 3, Moore Thread issued an announcement stating that the company's shares will be listed on the Shanghai Stock Exchange Science and Technology Innovation Board on December 5, 2025 (Friday). On the same day, Mu Xi Co., Ltd. issued an announcement stating that the results of the inquiry for its IPO listing on the Science and Technology Innovation Board were released, and the issue price was determined to be 104.66 yuan/share. Based on the initial issuance price and total share capital after issuance, the market value of Mu Xi shares reached 41.8 billion yuan.

According to a research report released by Shanghai Securities, the global foundry industry's revenue is expected to increase by 22.1% year-on-year in 2025, and AI and electric vehicles may continue to drive market growth in 2026. CITIC Securities, on the other hand, said that it is expected that the size of China's AI chip market in 2030 will increase 7-9 times the original size from 35 to 40 billion US dollars in 2025, which is higher than the global increase. The localization rate of AI chips in China is expected to rise from 30-40% in 2025 to 60-70% in 2030.