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As of the current reporting time, semiconductor stocks listed on the Hong Kong Stock Exchange are showing robust performance. Notably, Huahong Semiconductor (01347.HK) has seen its stock price soar by 9.83%. Meanwhile, SMIC (00981.HK) has also experienced a significant uptick, with a 4.83% increase, and Smart Core Holdings (02166.HK) has followed suit, rising by 4.76%. In recent corporate developments, Huahong Semiconductor has unveiled its strategic move to acquire a combined 97.4988% stake in Huali Microelectronics. This acquisition will be executed through share issuance to four counterparties, including Huahong Group. Furthermore, the company plans to issue additional shares to a maximum of 35 qualified specific investors as a means to raise supplementary capital.
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