HK Stock Market Move | Chip stocks rise against the market, the competition in the technology sector of major countries intensifies, and the semiconductor industry has recently seen multiple catalysts.

Chip stocks rose against the market, as of press time, HUA HONG SEMI(01347) rose 2.2% to HK$83.55; Semiconductor Manufacturing International Corporation(00981) rose 1.61% to HK$78.8. In terms of news, the competition in the field of science and technology among major countries is escalating. On October 8, the US House of Representatives' "special committee" released an important report on the control of semiconductor exports to China; On October 10, China's State Administration for Market Regulation launched an investigation against Qualcomm, as its acquisition of Autotalks is suspected of violating antitrust laws; On October 10, Trump announced that he will impose 100% tariffs on China and implement new export controls on key software products; From October 15th to 17th, the 2025 Bay Area Semiconductor Industry Ecology Expo will be held in Shenzhen, with the Director of Shenzhen Development and Reform Commission stating that the event will bring surprises. Zheshang pointed out that computing power has become a new engine driving the new round of technological revolution and industrial transformation, and semiconductor autonomy and controllability are urgent. Huaxi also pointed out that the rare earth control policy for the first time covers semiconductors, which may have an impact on overseas chip manufacturing processes.