Harvest SSE STAR Chip ETF

JPMorgan Chase Increases Stake in Montage Technology by HK$12.02 Million on May 14

SMIC States Significant Production Demand for Phones and PCs Will Return

US-China summit yields no chip deal, China may replace Nvidia with domestic chips

Hua Hong Semiconductor Reports Q1 2026 Results: Revenue Up 22%, Announces $6 Billion Expansion for Fab9B

Hygon Information Unveils World's First Post-Quantum Cryptography Smooth Migration Solution

Morgan Stanley raises targets for SMIC and Hua Hong, citing AI-driven mature process shortage

SMIC received 996 million yuan in financing purchases on May 18.

CICC maintains 'Outperform' rating on SMIC, citing benefits from localized production demand

Report: China's chip equipment localization shifts from trials to mass production

Jinhong Gas: Helium products have been stably supplied to clients such as SMIC

HSBC Research Lowers SMIC's Target Price but Maintains 'Buy' Rating

HSBC Research on SMIC: Cuts Target Price to HKD 89, Bullish on 28% Revenue Growth in 2026

SMIC's AI demand surges, with first-quarter revenue of 17.6 billion, more optimistic about full-year operations

JPMorgan raises SMIC rating to "Neutral" and lifts target price to HK$67

BOC International Maintains Buy Rating on SMIC, Raises H-Share Target Price to HKD 98.6

BofA upgrades Hua Hong target price to $63 but reiterates Underperform rating on Q1 results

Citi upgrades SMIC to 'Buy' on improved utilization and pricing power

Citigroup Raises SMIC Target Price to HKD 94.1, Maintains Outperform Rating

Goldman Sachs Raises SMIC Profit Forecasts, Maintains Buy Rating with HK$135 Target Price

513040

588200

BABX

SOXX

SOXL

On May 19th, the A-share market experienced a major reversal, with the Shanghai Composite Index rising 0.92% to 4,169.54 points, and the chip and semiconductor sectors performing strongly. Hwabao SSE STAR Artificial Intelligence ETF and SSE STAR Chip ETF rose by 4.21% and 3.82%, respectively. The power ETF reached a historical high, and the Hong Kong stock internet ETF also rebounded, with Tencent Holdings rising over 4%. Multiple institutions are optimistic about the Hong Kong stock internet sector capitalizing on AI diffusion opportunities, as Alibaba and Tencent are transforming into "AI + Cloud" technology platforms

同壁财经

E Fund CSI HK Connect Internet ETF

BABA 2x Long Daily ETF - GraniteShares

iShares Semiconductor ETF

Hwabao WP CSI All Share Electric Utilities ETF

Hwabao WP SSE STAR Artificial Intelligence ETF

Direxion Semicon Bull 3X

VanEck Semiconductor ETF

Hwabao CSI HK Equities Internet ETF

KraneShares 2x Long BABA Daily ETF

Guotai CSI Hong Kong Connect Internet ETF

Hwabao WP SSE STAR Chip ETF

Hwabao WP SZSE ChiNext Artificial Intelligence ETF

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

CICC

Dongxing Securities Co., Ltd.

Cinda Securities

TENCENT

Tencent

BABA-W

Alibaba

VeriSilicon

Amlogic

Cambricon

Kingsoft Office

FULING POWER

HCIG Energy

JXGNCL

Guangxi Energy

Linyang Energy

HNMD

ZZEPC

JSNE

Datang Power

DATANG POWER

GDPD

MEITUAN

Hwabao WP HK Connect Hang Seng China (Hong Kong-listed) 30 ETF

Alphabet

Alphabet - C

BOCIC

INDUSTRIAL SECURITIES

中证农业

YNHC

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

BABA-WR

Alibaba HK SDR 5to1

MEITUAN-WR

Meituan

Meituan HK SDR 5to1

Explosive! The STAR Artificial Intelligence and STAR Chip sectors have surged in a reversal, the "dark side of light" has erupted, and Hwabao Fund's Electric Utilities ETF closed at a new high! Hong Kong's internet sector is brewing a turnaround

688012

688256

561980

512760

159325

588170

On May 19th, semiconductor equipment and CPU stocks surged significantly, with Cambricon rising 8.40% and AMEC increasing 9.29%. Several equipment stocks reached new highs since their listing, and the semiconductor equipment ETF China Merchants rose 6.06%. Yangtze Memory Technologies released its IPO guidance report, and Changxin Technology updated its prospectus, expecting the global semiconductor equipment market to continue growing until 2029. Driven by AI, the storage industry has entered a phase of expansion and technological upgrades, and the CPU market is also developing rapidly

AMEC

China Merchants CSI Semiconductor Industry ETF

Guotai CES Semiconductor Chip Industry ETF

China Southern CSI Semiconductor Industry Custom ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

LION

Skyverse

GRITEK

CMSC

Hygon Information Technology

Cambricon surged 8%, AMEC stock price reached a new high, why did CPU and semiconductor equipment rise today?

159546

159995

588780

562820

159516

Asian markets showed mixed results, with Singapore's Straits Times Index reaching a record high. Indonesia and South Korea's indices fell over 3%, lagging behind the region. Semiconductor shares faced pressure, particularly in Taiwan and Japan. The Reserve Bank of Australia paused future rate hikes amid economic concerns related to the Iran conflict. Overall, major indices fluctuated, with some markets like India's Nifty 50 and Australia's S&P/ASX 200 gaining, while others like Indonesia's IDX continued to decline.

AASTOCKS News

SPDR S&P Semicon

Guotai CSI All Share Integrated Circuit ETF

ChinaAMC Guozheng Semiconductor Chip ETF

E Fund CSI Semiconductor Material & Equipment Thematic ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

VanEck Vectors Semiconductor UCITS ETF Accum A USD

Harvest CSI All Share Integrated Circuit ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

Guotai CSI Semiconductor Material Equipment Theme ETF

Asian Markets Mixed; Singapore Hits Record High; Indonesia, S Korea Indices Each Slide Over 3% to Lag Region; Regional Semiconductor Shares Under Pressure

The Semiconductor Equipment ETF China Merchants (561980) surged 6.06% on May 19, reaching a new high for the 17th time this year. Key stocks such as AMEC and Cambricon performed outstandingly, rising 9.29% and 8.40%, respectively. The fund's size has grown by 37.36% this year to approximately 3.5 billion yuan, influenced by multiple favorable factors including policy support, improved performance of leading companies, and a recovery in downstream demand. The market anticipates that a new round of industrial support policies will be introduced soon

CCTech

Piotech

NAURA

SMIC

HUA HONG SEMI

Hua Hong

HTSC

Guotai Haitong

GTHT

SMIC HK SDR 5to1

Huatai Securities Co., Ltd. GDR Class A RegS

The 17th new high of the year! The semiconductor equipment ETF China Merchants (561980) surged 6% to dominate both markets! AMEC rose nearly 10%!

Hedge funds are significantly increasing their investments in the semiconductor sector, with exposure reaching a record 19% of total global hedge fund market. Major players like Susquehanna, Goldman Sachs, and BNP Paribas have substantially boosted their holdings in the SOXX ETF. This shift marks a dramatic change from previous years, as semiconductor stocks now dominate hedge fund portfolios, reflecting a strong bullish sentiment in the market.

benzinga_article

Micron Tech

Goldman Sachs

BNP Paribas

Morgan Stanley

GS Hldg R

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

Hedge Funds Go 'All-In' On Semiconductors As SOXX Exposure Hits Record Highs

00981

688981

Morgan Stanley analyst maintained a Buy rating on Semiconductor Manufacturing International today and set a price target of HK$85.00.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Semiconductor Manufacturing International has an analyst consensus of Strong Buy, with a price target consensus of HK$86.24.

- Morgan Stanley analyst maintained a Buy rating on Semiconductor Manufacturing International, setting a price target of HK$85.00.  
- The company has an analyst consensus of Strong Buy, with a price target consensus of HK$86.24.  
- This indicates positive expectations from analysts regarding the company’s stock performance.

Tip Ranks

Semiconductor Manufacturing International (0981): New Buy Recommendation for This Technology Giant

159636

159131

Citi upgraded SMIC, China's largest chipmaker, to Buy, citing strong domestic chip localization and rising AI demand. SMIC reported Q1 revenue of $2.5 billion, up 12% year-on-year, with a gross margin of 20.1%. The company expects Q2 revenue growth of 14-16% and improved margins. Despite challenges like a memory supply crunch and geopolitical tensions, SMIC is positioned to benefit from China's push for technological self-sufficiency.

- Citi upgraded SMIC, China's largest semiconductor company, to Buy, citing strong domestic chip localization, rising AI demand, and improving pricing power.  
- The company reported a first-quarter revenue of $2.5 billion, up 12% year-on-year, with an improved gross margin of 20.1%.  
- SMIC's outlook for the second quarter indicates revenue growth of 14–16% sequentially, bolstered by increasing demand for various chip types amid challenges such as geopolitical tensions and a memory supply crunch.

Investing

ICBCCS CNI HK Connect Technology ETF

Hwabao WP CSI HK Connect Information Technology Composite ETF

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Buy this China chip stock, Citi says

BTIG's Jonathan Krinsky warns of multiple warning signs in the stock market, noting a recent decline in the SPDR S&P 500 after a high RSI. He highlights concerns over semiconductor stocks and market breadth, with 70% of NYSE volume in declining stocks. However, he sees potential positives in value stocks and the software sector, which remains strong.

- BTIG technical strategist Jonathan Krinsky warns that the stock market is showing multiple alarming signs.  
- He observes that the SPDR S&P 500 (SPY) reached a daily RSI of 78 before a subsequent decline of 1.2%.  
- Despite these warnings, Krinsky identifies a few sectors that may still provide support for bullish investors.

State Street Corp.

SPDR S&P 500

VG S&P 500

Direxion Semicon Bear 3X

Seven warning signs — and two positives — for the market: BTIG’s Krinsky

INTC

04335

NVDA

Intel shares have surged 195% in 2026, driven by strong AI demand in the semiconductor sector. However, a concentration risk exists as a few AI-related stocks dominate market gains, reminiscent of previous speculative trends. CEO Lip-Bu Tan is pivoting Intel's strategy towards GPUs and agentic AI workloads to better compete with Nvidia.

- Intel shares have surged 195% this year, driven by the increasing demand for semiconductors linked to AI.  
- A limited number of AI-related stocks are notably contributing to market gains, reminiscent of previous speculative trends.  
- CEO Lip-Bu Tan is shifting Intel's strategy towards GPUs and agentic AI workloads to better compete with Nvidia.

Intel

INTEL-T

NVIDIA

iShares Future AI & Tech ETF

Invesco PHLX Semiconductor ETF

Global X AI Semiconductor & Quantum ETF

GraniteShares 2x Long INTC Daily ETF

NVIDIA Corporation

Intel jumps 195% in 2026 amid AI chip frenzy

Bank of America cautions that the semiconductor rally resembles historic market bubbles, with the SOX index 62% above its 200-day average, a level linked to past collapses. Concerns arise as less than 60% of S&P 500 stocks exceed key moving averages, indicating narrow leadership. While some analysts predict continued gains from strong earnings and AI trends, others warn of potential sharp reversals due to the rally's fragility.

Harvest SSE STAR Chip ETF(588200.SH)

Explosive! The STAR Artificial Intelligence and STAR Chip sectors have surged in a reversal, the "dark side of light" has erupted, and Hwabao Fund's Electric Utilities ETF closed at a new high! Hong Kong's internet sector is brewing a turnaround

Cambricon surged 8%, AMEC stock price reached a new high, why did CPU and semiconductor equipment rise today?

Asian Markets Mixed; Singapore Hits Record High; Indonesia, S Korea Indices Each Slide Over 3% to Lag Region; Regional Semiconductor Shares Under Pressure

The 17th new high of the year! The semiconductor equipment ETF China Merchants (561980) surged 6% to dominate both markets! AMEC rose nearly 10%!

Hedge Funds Go 'All-In' On Semiconductors As SOXX Exposure Hits Record Highs