Hong Kong Stock Market Movement | The two major wafer foundries report increased performance in the second quarter. Hua Hong Semiconductor (01347.HK) surged over 8% in early trading, while SMIC (00981.HK) rose over 7%.

According to Zhitong Finance APP, the two giants in wafer foundry both rose in early trading. As of the time of this report, SMIC rose by 7.06%, priced at HKD 75.8; Hua Hong Semiconductor increased by 7.99%, priced at HKD 140.5.