Hong Kong Semiconductor Stocks Rally, SMIC Surges Over 6% in Afternoon Session

HK semiconductor sector recovers with SMIC up >6%. Innosilicon rises >3%, while Nascent Microelectronics and GigaDevice also post gains in afternoon trading.

Woofun AI reports that the Hong Kong-listed semiconductor sector experienced an afternoon recovery. SMIC (00981.HK) led the advance with a gain exceeding 6%, while Innosilicon (02577.HK) climbed more than 3%. Nascent Microelectronics (02676.HK) and GigaDevice (03986.HK) also recorded price increases during the session.