每经AI快讯，12月24日，港股芯片股盘初走高，中芯国际涨超5%，华虹半导体涨超3%，上海复旦、英 诺赛科等跟涨。 （文章来源：每日经济新闻） ...

每经AI快讯，12月24日，中芯国际A、H股均涨超2%。 （文章来源：每日经济新闻） ...

Group 1 - Hong Kong chip stocks experienced an initial rise, with Semiconductor Manufacturing International Corporation (SMIC) increasing by over 5% [1] - Hua Hong Semiconductor saw an increase of over 3% [1] - Other stocks such as Tianyu Semiconductor, Shanghai Fudan, and InnoCare also followed the upward trend [1]

来源：新浪港股 据上海证券报报道，从多个渠道求证获悉，中芯国际已经对部分产能实施了涨价，涨幅约为10%。有公 司反映，预计涨价会很快执行。但由于之前存储产品价格过低，晶圆厂早已率先对其实施了涨价。"由 于手机应用和AI需求持续增长，带动套片需求，从而带动了整体半导体产品需求的增长。" 中芯国际（00981）早盘高开，截至发稿，股价上涨4.72%，现报72.15港元，成交额17.85亿港元。 ...

| 代码 | 名称 | 最新价 | 涨跌幅 ▽ | | --- | --- | --- | --- | | 01385 | 上海复旦 | 44.800 | 4.77% | | 00981 | 中芯国际 | 72.150 | 4.72% | | 01347 | 华虹半导体 | 73.050 | 3.91% | | 01304 | FORTIOR | 125.100 | 2.04% | | 02149 | 贝克微 | 41.020 | 1.28% | | 00400 | 硬蛋创新 | 2.960 | 1.02% | | 02577 | 英诺塞科 | 69.850 | 0.29% | 港股半导体股盘初拉升，中芯国际、上海复旦涨约5%，华虹半导体涨4%，贝克微、英诺赛科跟涨。 消息上，有媒体从多个渠道求证获悉，中芯国际已经对部分产能实施了涨价，涨幅约为10%。有公司反 映，预计涨价会很快执行。但由于之前存储产品价格过低，晶圆厂早已率先对其实施了涨价。 "由于手机应用和AI需求持续增长，带动套片需求，从而带动了整体半导体产品需求的增长。"对于中芯 国际涨价的原因，有半导体业内人士解读，原材料涨价也是其中因素。 此外，台 ...

Group 1 - The non-ferrous metal sector has been performing strongly, with silver rising over 4%, and stocks such as Shengda Resources, Electric Alloy, Xingye Silver Tin, New Weiling, Northern Copper Industry, and Shenzhen New Star also seeing gains [3] - Semiconductor company SMIC's A-shares and H-shares both rose over 2%, with reports indicating a price increase of approximately 10% on some of its production capacity [3] - The A-share market opened with all three major indices rising slightly, with the Shanghai Composite Index up 0.01%, the Shenzhen Component Index up 0.07%, and the ChiNext Index also up 0.07% [4][5] Group 2 - In the market, sectors such as photovoltaic glass, energy metals, memory storage, gold, and fluorine chemical stocks are performing well, while themes like Hainan Free Trade Zone, commercial aerospace, nuclear fusion, and dairy are weakening [6] - The central bank conducted a 260 billion yuan reverse repurchase operation with a rate of 1.40%, with 468 billion yuan of reverse repos maturing today [7] - The Hong Kong stock market opened with the Hang Seng Index up 0.02% and the Hang Seng Tech Index up 0.07%, with SMIC rising over 2% and other companies like Huahong Semiconductor, NetEase, and Zijin Mining also seeing gains [8]

Core Viewpoint - The Integrated Circuit ETF (159546) opened with a slight increase of 0.06%, priced at 1.791 yuan, indicating a stable market performance for the fund [1] Group 1: ETF Performance - The Integrated Circuit ETF (159546) has a performance benchmark based on the CSI All-Share Integrated Circuit Index return [1] - Since its establishment on October 11, 2023, the fund has achieved a return of 79.28% [1] - The fund's return over the past month is reported at 7.90% [1] Group 2: Major Holdings Performance - Major holdings within the ETF include: - SMIC (中芯国际) with an increase of 2.17% [1] - Cambrian (寒武纪) with a decrease of 0.08% [1] - Haiguang Information (海光信息) down by 0.24% [1] - Lattice Technology (澜起科技) down by 0.41% [1] - Zhaoyi Innovation (兆易创新) up by 1.21% [1] - Haowei Group (豪威集团) up by 0.10% [1] - Chipone (芯原股份) down by 0.32% [1] - Changdian Technology (长电科技) up by 0.57% [1] - Unisoc (紫光国微) down by 0.12% [1] - Tongfu Microelectronics (通富微电) up by 0.21% [1]

Core Viewpoint - SMIC's stock price has shown significant growth this year, with a year-to-date increase of 30.43%, indicating strong market performance and investor interest [1][2]. Group 1: Stock Performance - On December 24, SMIC's stock rose by 2.93%, reaching 123.41 CNY per share, with a trading volume of 1.744 billion CNY and a turnover rate of 0.71% [1]. - The stock has experienced a 8.93% increase over the last five trading days and a 9.49% increase over the last twenty days, although it has declined by 3.97% over the last sixty days [1]. - SMIC has appeared on the "龙虎榜" (a trading board for stocks with significant trading activity) once this year, with the last appearance on August 28, where it recorded a net buy of -422 million CNY [1]. Group 2: Financial Performance - For the period from January to September 2025, SMIC reported a revenue of 49.51 billion CNY, reflecting a year-on-year growth of 18.22%, and a net profit attributable to shareholders of 3.818 billion CNY, which is a 41.09% increase year-on-year [2]. Group 3: Shareholder Information - As of September 30, 2025, SMIC had 336,200 shareholders, an increase of 33.27% from the previous period, with an average of 6,134 shares held per shareholder, down by 25.41% [2]. - The top ten circulating shareholders include several ETFs, with notable reductions in holdings from major funds such as E Fund and Huaxia, while new entries include the 嘉实上证科创板芯片ETF and E Fund沪深300ETF [3].

Group 1 - The Hang Seng Index opened slightly higher by 0.02%, while the Hang Seng Tech Index rose by 0.07%. Semiconductor stocks showed strength, with SMIC up over 2% and Hua Hong Semiconductor up over 1%. Conversely, tech stocks like Meituan experienced declines, falling nearly 1% [1] - Huatai Securities indicated that the market is still in a left-side layout phase, with the right-side turning point not yet clear. There is strong consensus on an early spring rally, but year-end supply and demand pressures remain, leading to uncertainty regarding the "Santa rally." The first quarter may present a higher probability phase for gains [1] - Guotai Junan Securities noted that as the "Christmas rally" window approaches, historical data shows that U.S. stocks often perform strongly at year-end. Despite ongoing disagreements regarding interest rate hikes and inflation paths for 2026, the recent financing capabilities and capital expenditure commitments from tech giants have instilled confidence in institutional investors regarding the ongoing AI-driven growth narrative [1] - Galaxy Securities recommended focusing on the technology sector as a long-term investment theme, which has seen valuation corrections after previous adjustments and is expected to rebound due to multiple favorable factors. The consumer sector is also anticipated to receive significant policy support, with current valuations at relatively low levels, indicating substantial medium to long-term upside potential [1] Group 2 - GF Fund stated that liquidity disturbances are likely to have a short-term impact, but the adjusted Hong Kong stock market may still be worth monitoring. Amid weak economic data and the upcoming change in the Federal Reserve chair, a rate cut cycle by the Fed is likely to continue next year. Short-term pressures from the Bank of Japan's rate hike signals and significant unlocking pressures in the Hong Kong market may temporarily dampen risk appetite [2] - The upward trend in the AI industry cycle remains unchanged, and if the short-term factors suppressing the Hong Kong market are alleviated, the market structure is expected to remain intact, driven by the influx of new capital and the advantages of scarce assets [2]

Core Viewpoint - SMIC has implemented a price increase of approximately 10% on certain capacities due to rising demand in mobile applications and AI, alongside increased raw material costs and adjustments in competitor capacity [1][5]. Group 1: Price Increase and Market Demand - SMIC's price increase is driven by strong market demand, particularly in the server market, and rising costs of raw materials, especially metals [1][5]. - The company has stated it will follow industry pricing trends rather than being the first to raise prices, aligning with adjustments made by competitors like TSMC [1][5]. - The overall semiconductor product demand is growing, influenced by the increasing demand for chips [1][5]. Group 2: Capacity Utilization and Financial Performance - Both SMIC and Huahong's capacity utilization rates are increasing and nearing full capacity or exceeding it [1][5]. - In Q3, SMIC reported a 3.8% increase in average selling price due to more complex product shipments, with continued growth expected despite the typical seasonal slowdown in Q4 [6]. - SMIC's Q4 revenue guidance indicates a stable to 2% growth, with an expected annual revenue exceeding $9 billion, marking a new milestone for the company [8]. Group 3: Competitor Insights - Huahong's overall capacity utilization reached 109.5% in Q3, with high utilization rates in its 8-inch wafer fabs and significant output from its 12-inch fab [9]. - ADI, an Apple supplier, has announced a price increase of about 15% effective February 1, 2026, due to ongoing inflationary pressures in raw materials, labor, energy, and logistics [4][9].