** Shares of China's semiconductor wafer producer Hua Hong Semiconductor Ltd jump 12.7% to HK$47.90, the highest since May 6; extend gains for second day
** Stock is the second biggest percentage gainer in the Hang Seng Tech Index
** CCB International expects chipset supply shortage to last until mid-2022, which is positive to fabless with strong pricing power, foundries and related equipment vendors
** Brokerage says it likes Hua Hong in the foundry space for its smooth capacity expansion; also likes Will Semiconductor for its share gain in the mid-to-high end smartphone market and huge potential in automotive segment
** Shanghai shares of Will Semiconductor rise 6.9%
** Hong Kong shares of chipmaker Semiconductor Manufacturing International Corp (SMIC) surge 15.5% to HK$27.90, the highest since April 8
** SMIC's Shanghai stock jumps as much as 20% to 68.64 yuan, highest since Nov. 9, 2020
** VeriSilicon Microelectronics jumps 9.9% and National Silicon rises 7%
** The CSI semiconductors & semiconductor equipment index climbs 2.3%
** The Hang Seng Tech Index drops 6.5% and the benchmark index falls 3.2%