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13/10/2026 09:28

Hua Hong and SMIC both open 2% lower, chip stocks on Wall Street continue under pressure overnight

    ETN News Agency reported on the 13th: Hua Hong (01347) is currently down 2.2%, trading at HK$87.85; SMIC (00981) down 1.9%, at HK$55.15; TianShu Intelligence (09903) down 3%, at HK$85.35; Biren Technology (06082) down 2.2%, at HK$29.24; GigaDevice (03986) down 5.2%, at HK$356.2; Montage Technology (06809) down 3.8%, at HK$245.2.

    Despite a global shortage of memory chips, chip stocks on Wall Street continued to face pressure overnight. Sandisk (US.SNDK) plunged 6%, Micron Technology (US.MU) fell 3.9%, Intel (US.INTC) dropped 3.2%, NVIDIA (US.NVDA) declined 1.3%; Cisco (US.CSCO) fell 2.6%, the largest decliner among Dow Jones components.

    Currently, the Hang Seng Index stands at 24,172, down 99 points or 0.4%, with turnover on the main board nearing HK$2.5 billion. The Hang Seng China Enterprises Index is at 8,136, down 32 points or 0.4%. The Hang Seng Tech Index is at 4,129, down 39 points or 1%.
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