Changes in Hong Kong stocks | Chip stocks rise again in early trading, Intel CPU cybersecurity risks are frequent, and localization of chips is imperative

The Zhitong Finance App learned that chip stocks rose again in early trading. As of press release, Hongguang Semiconductor (06908) rose 9.86% to HK$0.78; Jingmen Semiconductor (02878) rose 3.85% to HK$0.54; SMIC (00981) rose 3.49% to HK$26.7; and Huahong Semiconductor (01347) rose 1.83% to HK$22.25.

According to the news, the WeChat account of the China Cyberspace Security Association published an article on the 16th disclosing issues such as frequent security breaches of Intel products, poor reliability, user monitoring, and hidden backdoors. “It is recommended that a cybersecurity review be initiated.” Huachuang Securities pointed out that currently, Intel and AMD are leading the general CPU market, and domestic downstream manufacturers are facing the “stuck neck” problem of chips. However, in the context of the suppression of the US entity list and frequent security flaws in Intel CPUs, domestic chip manufacturers need to make rapid progress and upgrades, and the localization of chips is imperative.

In addition, SMIC recently announced that E-Fangda Shanghai Science and Technology Innovation Board 50 ETF increased its domestic stock holdings by 9.6,162 million shares, an increase of 0.48%. After this increase in holdings, E-Fangda Shanghai Science and Technology Innovation Board 50 ETF held approximately 108.7 million shares of SMIC's domestic shares, accounting for 5.47% of the company's total domestic share capital and 1.36% of the company's total share capital. Debon Securities previously published a research report saying that semiconductors are an important investment direction in the bull market, and there may still be a lot of room for growth; looking back, the key direction of this round of semiconductor counterattacks is: autonomy and controllability, cycle reversal, and technological innovation.