Hong Kong stock market turbulence | Huahong Semiconductor (01347.HK) rises nearly 8% in early trading to a new high. Recently announced a reorganization with Huahong Microelectronics. Goldman Sachs said the company has negotiated price increases with customers.

According to the Wise Finance and Economics APP, Huahong Semiconductor (01347.HK) rose nearly 8% in the morning session and hit a new high of 71.4 Hong Kong dollars. As of the time of writing, the stock has risen by 5.51% to 69.9 Hong Kong dollars with a trading volume of 1.641 billion Hong Kong dollars.