Group 1 - Chip stocks experienced a decline, with losses nearing 4% for some companies as of the report time [1] - Notable declines in specific companies include Huahong Semiconductor down 3.52%, SMIC down 3.01%, and ASMPT down 2.61% [2] - Huahong Semiconductor reported record sales revenue of $635.2 million for Q3, a year-on-year increase of 20.7% and a quarter-on-quarter increase of 12.2% [2] Group 2 - Jianyin International slightly raised Huahong Semiconductor's profit forecast for 2025, citing better-than-expected gross margins for Q3 and Q4 [3] - The acquisition of Huahong's fifth factory is expected to enhance the company's return on equity, with completion anticipated in 2026 [3] - The target price for Huahong Semiconductor was raised by 46% from HKD 50 to HKD 73, although the rating was downgraded from "outperform" to "neutral" due to high valuation levels [3]