HK Stock Market Move | Chip stocks generally opened on a high note, with Huawei's new technology catalyzing the semiconductor market. The industry is expected to welcome a turning point and accelerate development opportunities.

Chip stocks generally opened higher. As of the time of publication, HUA HONG SEMI (01347) rose by 14.99% to HKD 149.6; Semiconductor Manufacturing International Corporation (00981) rose by 14.97% to HKD 91.8; ASMPT (00522) rose by 14.95% to HKD 212.2; GigaDevice Semiconductor Inc. (03986) rose by 9.9% to HKD 855. On the news front, on May 25th, Huawei officially introduced the " Law", which has attracted market attention. The People's Daily commented on its public platform, stating that the law "does not measure heroes by geometric dimensions, but wins with logic folding and time efficiency, opening a 'second curve' beyond Moore's Law, enriching the global semiconductor industry development path." Previously, the Development and Reform Commission held a press conference, guiding the adaptation of domestic large models to domestic computing power chips. Analysts believe that this statement will elevate the synergy of "domestic large models" and "domestic computing power chips" to a clear policy guidance level. A CITIC SEC research report pointed out that Huawei's proposal of the " Law", guiding the development of the semiconductor industry through the "time scaling" principle, will bring profound changes in the areas of transistors, circuits, chips, and systems. By leveraging domestic technological capabilities in 3D integration, advanced packaging, coordinated optimization of chip design and manufacturing, and optical communication, China's semiconductor industry is expected to usher in an opportunity for accelerated development through optimizing and iterating the system's topology structure to bridge the gap in short-term process nodes.