HK Stock Market Move | Storage concept stocks rebounded, Montage Technology (06809) rose over 7%, GigaDevice Semiconductor Inc. (03986) rose over 5%.

Storage concept stocks rebounded, as of press time, Montage Technology (06809) rose 7.14% to HK$165; GigaDevice Semiconductor Inc. (03986) rose 5.01% to HK$360.2; CSOP Samsung Electronics Daily (2x) Leveraged Product (07747) rose 20.01%; CSOP SK Hynix Daily (2x) Leveraged Product (07709) rose 15.75%. On the news front, overnight US storage chip stocks generally surged, with Sandisk up nearly 11% and Micron Technology up nearly 5%. This morning, the South Korean stock market also opened sharply higher, with Samsung Electronics up over 9% and SK Hynix up over 8%. In addition, Shenzhen Techwinsemi Technology announced that it expects a net profit of 3.15 billion to 3.65 billion yuan in the first quarter. Furthermore, on the night of March 31st, Shenzhen Techwinsemi Technology announced that it expects a net profit attributable to shareholders of the listed company of 3.15 billion to 3.65 billion yuan in the first quarter of 2026, compared to a loss of 69.08 million yuan in the same period last year. During the reporting period, against the backdrop of tight supply, the industry continued to improve in terms of business conditions, with storage prices continuing to rise. The company relied on its earlier strategic reserves of raw materials, leading to a continuous improvement in profitability and a significant increase in profit levels.