On May 27, Shanghai Fudan Microelectronics (01385.HK) rose 5.38% in regular trading, trading at 38.6 HKD/share, with trading volume of approximately 148 million HKD.
On the news front, the rally is driven by a catch-up move following Huawei's landmark announcement of the \"Tao (τ) Law\" at the IEEE International Symposium on Circuits and Systems on May 25. The Hong Kong market was closed during the initial A-share semiconductor explosion, where the sector surged over 6% and SMIC soared nearly 19%. The Tao Law proposes replacing \"geometric scaling\" with \"time scaling\" through logic folding technology, offering a new semiconductor evolution path independent of extreme EUV lithography. Huawei disclosed that 381 chips have been designed and mass-produced under this principle over six years, with a new Kirin chip featuring logic folding set for autumn launch.
Within the Semiconductors sector, peers are broadly higher: Innoscience up 14.56%, Hua Hong Semi up 5.71%, GigaDevice up 4.91%, Montage Tech up 4.68%, and SMIC up 3.44%, reflecting sector-wide bullish sentiment as HK-listed semiconductor stocks close the gap with their A-share counterparts.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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