Yinhua CSI 5G Communication Theme ETF

GigaDevice Launches Three New Brushless Motor Gate Drivers

HKEX filing shows BlackRock increases stake in ZTE to 7.58%

ZTE Showcases AI Strategy at LATAM Expo: Deploys 37k Units to Boost Throughput by 20%

Nearly 400 Listed Companies Disclose Shareholder Reduction Plans in Q2, Total Amount Exceeds 118.8 Billion Yuan

JPMorgan Chase increased holdings in ZTE by approx 722k shares on May 12

JPMorgan reduces stake in ZTE by approx. 60.71 million HKD on May 11

Midea Group and ZTE Sign Strategic Cooperation Agreement

Inner Mongolia Energy Group Discusses Smart Energy Construction with ZTE

ZTE Demonstrates Technological Innovations at 2026 Broadband Conference in Sao Paulo

Luxshare Precision Industry Acquires JX International Equity to Become Controlling Shareholder

ZGXC Shareholder Zhu Yiming's Shares Reduction Reaches 1% Threshold

ZG Innovations Chairman Zhu Yiming Reduces Holding to 6.04%

China Minmetals Enhances Business and Value Creation through Full Industry Chain Synergy

Zhaoxin Innovation's Q1 Gross Margin Rises, Forecasting Continued Increase in Specialty DRAM Prices

GigaDevice's MCU Products Widely Used in Robotics and New Products to Be Released

GigaDevice Semiconductor Reports More Than Doubling Revenue and Profit Soaring Over Sixfold in Q1

AI demand boosts Hon Hai's earnings, ZTE faces revenue without profit growth

ZTE Establishes Strategic Partnership with National Interventional Medicine Research Center for AI-driven Healthcare

GIGADEVICE released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue CNY 4.188 B (forecast CNY 2.748 B), actual EPS CNY 2.086 (forecast CNY 1.2)

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Yangtze Memory has initiated its A-share IPO process, positively impacting market sentiment. Chip stocks surged, with SMIC up 8%, HUA HONG SEMI rising 8.4%, and GIGADEVICE jumping 11.9% after CLSA raised its target price. CLSA's report highlights GIGADEVICE's strong growth in niche DRAM and forecasts significant revenue contributions from customized memory products starting in 2026, justifying a premium valuation.

AASTOCKS News

SMIC

GIGADEVICE

HUA HONG SEMI

Guotai CES Semiconductor Chip Industry ETF

Guotai CSI All Share Integrated Circuit ETF

China Southern CSI Semiconductor Industry Custom ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

CITIC Securities Co., Ltd.

CITIC SEC

Hua Hong

SMIC HK SDR 5to1

Yangtze Memory Launches A-Share IPO Process, Boosting Market Sentiment; SMIC , HUA HONG SEMI  Up 8%; GIGADEVICE Jumps 11% as CLSA Raises TP

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The China Merchants CSI HK Connect Information Technology Composite ETF (526050) rose 2.02% in the morning session on May 20, with constituent stocks such as GIGADEVICE and SMIC performing outstandingly. Analysis indicates that the global semiconductor market continues to grow, domestic storage leaders are accelerating their IPOs, and the outlook for the hard technology sector is optimistic. This ETF focuses on hard technology fields such as semiconductors and consumer electronics, excluding traditional internet companies, with clear value allocation

- On May 20, the Hong Kong stock market saw a divergence in technology sector performance, with the Hang Seng Technology ETF rising 2.02%.  
- Reports indicate that the semiconductor sector experienced a strong start, with notable gains from companies such as Zhaoyi Innovation and SMIC.  
- The growth in the global semiconductor market is driven by increasing demand for AI-related products, leading to improved device localization and a positive long-term outlook for hard technology sectors.

同壁财经

China Merchants CSI HK Connect Information Technology Composite ETF

MEITUAN

DELTON

LENOVO GROUP

XIAOMI-W

LENOVO GROUP-R

Lenovo Group

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

The "non-internet stocks" Hong Kong Stock Connect Information Technology ETF China Merchants (526050) rose over 2%! GIGADEVICE and Aito led the gains

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HaiFuTong Electronic Media Stock A (006081) has a return of 209.72% over the past year, ranking 6th out of 988 in its category, with an excess return of 66.79%. As of May 19, 2026, the Sharpe ratio reached 5.11, indicating excellent performance. The fund's top ten holdings include Eoptolink, Zhongji Innolight, among others. This fund was established in 2018, and the manager, Wu Hao, has over 10 years of experience and has received a five-star rating

Eoptolink

Zhongji Innolight

Government Bond Index

DSBJ

YUANJIE SEMICONDUCTOR

Sytech

Skyverse

FORE

Haifutong Electronic Media Stock A (006081): Up 209.72% in the past year, with an excess return of 66.79% over the past year, high Sharpe ratio, and awarded a five-star rating

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E Fund Strategic Emerging Industries Stock C (010392) has a one-year return of 208.35%, ranking 10/988 among peers, and an excess return of 93.06% over the past three years. As of March 31, 2026, the fund size reached 2.112 billion yuan, with a Sharpe ratio of 5.54, demonstrating excellent performance. The top ten holdings include Eoptolink, WUS, and others. The fund has received five-star ratings from Morningstar and Haitong

新兴成指

YOFC

NANYA NEW MATERIAL

VeriSilicon

HWATSING

Morningstar

E Fund Strategic Emerging Industries Stock C (010392): Increased by 208.35% in the past year, with excess returns of 93.06% over the past 3 years, a scale exceeding 2.1 billion yuan, high Sharpe ratio, and awarded a five-star rating

GIGADEVICE (603986) stock price rose by 6.78%, currently at 432 CNY/share, with a transaction volume of 9.296 billion CNY and a turnover rate of 3.28%. The company was established in 2005 and is a leading fabless semiconductor company focused on the development of memory technology and IC solutions

GIGADEVICE (603986) rose by 6.78%, with a transaction volume of 9.296 billion and a turnover rate of 3.28%

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Foxconn Industrial Internet Co., Ltd. has scheduled its 2025 shareholders’ meeting for June 9, 2025, in Shenzhen. The agenda includes discussions on profit distribution, a 2026 interim dividend plan, director remuneration, and a new compensation management system. These measures aim to enhance corporate governance and may influence investor confidence and oversight standards.

Tip Ranks

Hon Hai Precision Industry Co., Ltd.

Foxconn Industrial Internet Sets June 2025 Shareholders’ Meeting With Focus on Dividends and Governance

HNHPF

Hon Hai Precision Industry reported a 19% increase in first-quarter profit, reaching NT$49.9 billion, driven by strong demand for AI servers. The company anticipates substantial sales growth this year, with the US becoming its largest AI server production hub. Despite margin pressures, the AI server cycle is expected to help offset rising costs. First-quarter sales rose by 30%, totaling NT$2.1 trillion, supported by AI demand in cloud services. Investors are considering the impact of AI momentum, potential iPhone 17 sales, and supply-chain risks from the Middle East crisis.

GuruFocus

NVIDIA

Alphabet

Alphabet - C

Amazon

Meta Platforms

Microsoft

Apple

NVIDIA Corporation

Hon Hai Profit Jumps 19% As AI Server Demand Accelerates

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The Shanghai and Shenzhen indices opened higher but fell by 0.4% to 0.9% at midday. The People's Bank of China continues a moderately accommodative monetary policy, with the RMB central parity against the USD set at 6.8426. The Shanghai Composite Index dropped 17 points to 4,208, while the Shenzhen Component Index fell 141 points to 15,757. ZHONGJI INNOLIGHT became the second stock on the ChiNext board to surpass RMB1,000, reaching an intraday high of RMB1,008.44 before closing at RMB994.89, up 5.8%.

ChiNext

Shenzhen Index

SSE Index

ICBC

BYD COMPANY

CATL

Cambricon

MetaX

Moore Threads

Montage Technology

BYD HK SDR 10to1

BYD Company

BYD Company Limited

BYD COMPANY-R

CATL HK SDR 30to1

MONTAGE TECH

Shanghai & Shenzhen Indices Open High but Turn Lower; A-share Three Major Indices Slip 0.4% to 0.9% at Midday; ZHONGJI INNOLIGHT  Once Breaks Above RMB1,000

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YOFChas extended its four-day rally, reaching a new high with a current trading price of HKD271, up 4.47%. G Sachs reported a 28% YoY revenue increase in 1Q26, although slightly below expectations. The gross margin improved significantly to 41.5%. Net profit surged 226% YoY to RMB495 million, but also fell short of forecasts. G Sachs raised its earnings forecasts for 2026-2028 and increased the target price for YOFC's H-shares from HKD255 to HKD290, maintaining a Neutral rating.

Fullgoal CSI Communication Equipment Thematic ETF

Guotai CSI All Share Communications Equipment ETF

Goldman Sachs

CHINA TELECOM

GS Hldg R

YOFC Stretches 4-Day Rally to New High; G Sachs Lifts TP to HKD290

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Luxshare Precision is set to become the ultimate controlling shareholder of BeijingWest Industries International Limited by acquiring the entire equity interest in BWI Group, which holds approximately 59.50% of the company's shares. The board anticipates minimal impact on daily operations, and trading of the company's shares will resume on May 11, 2026, after a halt. However, the acquisition remains uncertain and may not be finalized. BeijingWest operates within the automotive supply chain and is listed on the Hong Kong Stock Exchange with a market cap of HK$5.79B.

LUXSHARE-ICT

BWI INT'L

Luxshare Precision Poised to Become BeijingWest Industries International’s New Ultimate Controlling Shareholder

Yinhua CSI 5G Communication Theme ETF(159994.SZ)

Yangtze Memory Launches A-Share IPO Process, Boosting Market Sentiment; SMIC , HUA HONG SEMI Up 8%; GIGADEVICE Jumps 11% as CLSA Raises TP