Movement Alert|Hua Hong Semiconductor Rises 3.89% in Regular Trading, SK Hynix Expansion Plan Reinforces Long-Term Memory Chip Shortage Expectations

Market Focus06-04

On June 4, Hua Hong Semiconductor rose 3.89% in regular trading, trading at HK$158.6/share, with trading volume of HK$1.265 billion.

On the news front, during Computex Taipei, SK Group Chairman announced that SK Hynix plans to double its wafer production capacity within five years, projecting that the global memory chip supply gap could persist until 2030. This outlook has strengthened market expectations for sustained tightness in semiconductor supply chains, benefiting domestic foundry leaders.

Meanwhile, Hua Hong Semiconductor is advancing its share issuance to acquire 97.4988% equity in Hualiwi at a transaction value of approximately RMB 8.27 billion. Upon completion, the company will add 38,000 wafers per month of 65/55nm and 40nm capacity, effectively resolving intra-group competition while enhancing profitability. The transaction also includes a supporting fundraise of up to RMB 7.56 billion for technology upgrades and working capital. Within the Semiconductors sector, SMIC rose 1.51%, Innoscience rose 8.69%, GigaDevice rose 5.44%, and Montage Tech rose 2.43%.

(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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