Jin Rong Jie·2026-01-28 07:04Core Viewpoint - The Hong Kong stock market is experiencing a surge in the hard technology sector, particularly in the semiconductor industry, with significant gains in stocks like Yunzhisheng and Naxinwei, and the launch of the first ETF focused on the Hong Kong chip industry [1][3]. Group 1: Market Performance - Yunzhisheng's stock price surged by 56%, while Naxinwei increased by over 9%, Huahong Semiconductor rose by over 6%, and SMIC gained over 4% [1]. - The newly launched Hong Kong Information Technology ETF (159131) saw a price increase of 1.85%, with a real-time transaction volume exceeding 64.77 million CNY [1][2]. Group 2: ETF Details - The Hong Kong Information Technology ETF (159131) is the first ETF focusing on the "Hong Kong chip" industry chain, with a composition of 70% hardware and 30% software, covering 42 hard technology companies [3]. - Key holdings in the ETF include SMIC with a weight of 15.26%, Xiaomi Group-W at 11.95%, and Huahong Semiconductor at 8.40% [3]. Group 3: Semiconductor Market Insights - According to SIA data, global semiconductor sales are projected to reach 75.28 billion USD by November 2025, marking 25 consecutive months of year-on-year growth [1]. - China's semiconductor sales are expected to be 20.23 billion USD, reflecting a year-on-year increase of 22.9% and a month-on-month increase of 3.9% [1].