Movement Alert|CFMEE Rises 18.95% in Regular Trading, HK Chip Stocks Rally Collectively with Sector-Wide Rebound

Market Focus07-31 09:39

On July 31, CFMEE rose 18.95% in regular trading, trading at 279.8 HKD/share, with turnover of 64.19 million HKD. The stock staged a sharp rebound following a 14.14% decline in the prior session.

On the news front, HK-listed chip stocks rallied broadly, with Tianshu Zhixin and CFMEE gaining over 20%, Biren Technology rising over 16%, ASMPT climbing over 14%, Hua Hong Semiconductor and Changguang Chenxin advancing over 12%, and SMIC rising over 8%. The sector-wide strength follows continued momentum in AI computing-driven demand for high-end PCB, with head manufacturers reportedly locking in orders through next year. Additionally, CFMEE was included in the Shenzhen-Hong Kong Stock Connect on July 24, opening southbound capital access that provides incremental buying support. The H-share discount to A-shares of over 30% continues to underpin AH premium convergence expectations.

(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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