Zhi Tong Cai Jing·2025-10-27 06:50Group 1 - Semiconductor stocks have risen significantly, with InnoCare (02577) up 10.67% to 77.8 HKD, Beike Micro (02149) up 6.44% to 53.2 HKD, Hua Hong Semiconductor (01347) up 4.67% to 86.25 HKD, and SMIC (00981) up 3.5% to 82.8 HKD [1] - The Fourth Plenary Session's communiqué emphasizes high-quality development and significant improvements in technological self-reliance during the 14th Five-Year Plan period [1] - Global memory prices are on the rise, with Samsung and SK Hynix notifying clients of potential increases in DRAM and NAND contract prices by up to 30% in Q4 [1] Group 2 - Huaxi Securities indicates a clear trend towards domestic production, suggesting a "boom" in the chip and semiconductor industry [1] - Galaxy Securities notes that short-term AI computing demand is driving domestic and international logic and storage manufacturers to expand production, with strong demand for etching and thin-film deposition equipment [1] - Long-term, the logic of domestic substitution is reinforced under the "14th Five-Year" strategy for technological self-reliance [1]