HK Stock Market Move | SHANGHAI FUDAN (01385) once rose more than 13%, commercial aerospace catalyzes intensive FPGA chips as standard equipment for space satellites.
Fudan University in Shanghai (01385) surged by over 13% at one point, reaching a 10.6% increase to HK$48 by the time of publication, with a trading volume of 4.97 billion Hong Kong dollars.
Shanghai Fudan (01385) rose more than 13% at one point, rising 10.6% to HK$48 as of the time of writing, with a turnover of HK$497 million.
On the news front, the commercial aerospace sector has seen intensive catalysis recently. Huaxi believes that with the push of national top-level design and related support policies, China's low-orbit satellite industry is expected to accelerate its development, and related industry chain supporting companies will benefit significantly. Guotai Haitong previously pointed out in a research report that the scientific and technological categories involved in satellite manufacturing, launch, and networking are very diverse, and there is a high demand for the stability, durability, and resistance to cosmic radiation of chips. FPGA chips have always been a standard configuration for space satellites.
Shanghai Fudan Microelectronics Group answered questions from researchers from December 16 to 19, stating that FPGA is a type of hardware-reconfigurable integrated circuit chip with characteristics of high flexibility, high parallelism, and low latency. In areas with frequent iteration upgrade cycles or low-latency deterministic demands such as wired and wireless communication, low-orbit satellite communication, video imaging, industrial control, artificial intelligence, and specialty high-reliability fields, FPGA is an ideal solution. The company is a domestic leader in high-end FPGA technology.
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