Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
P2P Loan
Grow your wealth in fiat investment
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
WCTC S8
Rewards

Hong Kong Chip Stocks Rise 15% on May 11 Despite Hang Seng Index Decline

GateNews
Stocks

According to South China Morning Post, Hong Kong chip stocks rose on May 11 as broader indexes fell. Montage Technology climbed 15.81% to HK$435 (US$55), while Nasino gained 14.29% to HK$194.3 (US$25), GigaDevice added 9.59% to HK$537 (US$68), and SMIC and Hua Hong Semiconductor rose 4.09% and 5.2% respectively. The Hang Seng Index fell 0.55% to 26,246.84 and the Hang Seng Tech Index declined 0.74% to 5,064.88. The gains followed Vice-Premier Ding Xuexiang’s visit to Huawei’s chip research center in Shanghai on May 8, where he called for breakthroughs in basic technology.

View Source
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related News

05-11 01:37
Shenzhen ChiNext Index Rises Over 1% at Market Open, Shanghai Composite Up 0.4%
05-11 01:30
China's Shanghai Composite Index Hits 4,201.35 Points, Breaks 4,200 Level for First Time in Over 10 Years
05-11 00:07
Seoul Composite Index Rises 4.3% Intraday on May 11, SK Hynix Surges 10%
05-10 22:58
U.S. Stock Indexes Hit Record Highs for Sixth Consecutive Week; Semiconductor Stocks Rally
05-10 20:06
U.S. Stock Indices Surge on May 9, Intel Up 13.96%, Micron Up 15.49%
In-Depth Analysis

An ABF panel price increase wave is coming! Ajinomoto plans to raise prices by 30%; Taiwan-based panel giants set a record first with April revenue

ChainNewsAbmedia05-11 04:05

South Korea’s KOSPI opened up 3.67%, hitting a new high, with SK hynix surging 9.61% to lead the gains as Asian stocks diverged

ChainNewsAbmedia05-11 01:49

Cardano Price Rebounds as Whale Buying Strengthens ADA

Crypto News Land05-10 16:31
Comment
0/400
No comments