Core Viewpoint - The Hong Kong stock market experienced a collective decline on September 18, with mixed performances in tech stocks and active movements in the semiconductor sector. The Hang Seng Tech Index ETF (513180) followed the index's downward trend, despite some stocks like Hua Hong Semiconductor and ASMPT showing gains, while others like XPeng Motors and Alibaba Health faced losses [1]. Group 1: Market Performance - The three major indices in the Hong Kong stock market collectively fell in the afternoon session on September 18 [1]. - The Hang Seng Tech Index ETF (513180) mirrored the index's decline, with notable performances from stocks such as Hua Hong Semiconductor and ASMPT, which saw significant gains [1]. Group 2: Company Highlights - Hua Hong Semiconductor saw a notable increase of over 9% in its stock price, driven by a positive rating upgrade from Goldman Sachs [1]. - Goldman Sachs expressed a more optimistic view on Hua Hong Semiconductor, citing growth opportunities from AI applications, improved pricing supported by high utilization rates, and a trend towards domestic production in China [1]. Group 3: Future Outlook - The Hang Seng Tech Index surpassed the 6300-point mark, fueled by a bullish sentiment around AI and expectations of a potential interest rate cut by the Federal Reserve [1]. - There is an anticipated continuous inflow of southbound funds, which, combined with the resonance of domestic and foreign capital and the return of AI narratives, could lead to a revaluation of the Hang Seng Tech Index [1].
华虹半导体获高盛上调评级，午后涨超9%