HK Stock Market Move | Storage concept collectively opened high, AI-driven storage prosperity continued to rise, global storage giants set new highs.

Storage concept stocks collectively opened high. As of the time of publication, CSOP SK Hynix Daily (2x) Leveraged Product (07709) rose by 14.98% to 90.24 Hong Kong dollars; Montage Technology (06809) rose by 14.75% to 431 Hong Kong dollars; GigaDevice Semiconductor Inc. (03986) rose by 9.18% to 535 Hong Kong dollars; CSOP Samsung Electronics Daily (2x) Leveraged Product (07747) rose by 6.19% to 147.55 Hong Kong dollars. On the news front, benefiting from the AI boom igniting massive storage demand, the global storage chip market remains hot. Last Friday, the US stock storage chip sector once again collectively surged. Micron rose by over 15%, Seagate Technology rose by over 2%, with all three companies hitting new highs. This morning, SK hynix's share price in the South Korean stock market initially rose by more than 10%, with Samsung Electronics rising by more than 7%, setting new historical highs. Goldman Sachs analysts believe that the sustained high profitability prospects of the storage semiconductor industry indicate a misjudgment of market profitability continuity. According to Jebon Consulting, the contract price of general-purpose DRAM in Q1 2026 is expected to surge by 90%-95% compared to the previous quarter, with a further expected increase of 58%-63% in Q2; NAND flash memory contract price is expected to rise by 55%-60% in Q1, and a further increase of up to 70%-75% in Q2. In addition, global capital expenditure of the nine major cloud service providers (CSP) in 2026 is raised to 830 billion US dollars, with the annual growth rate increasing from 61% to 79%. CITIC SEC believes that storage prices have risen again since March, indicating that the vitality of the storage industry remains high. The bank predicts that the imbalance between supply and demand will continue until 2027, with price increases throughout 2026, and remains optimistic about the storage industry trend.