Changes in Hong Kong stocks | Nanochip (02676) rose more than 8% to break the peak and was recently included in the Hong Kong Stock Connect analog chip, which is expected to enter a period of upward price

The Zhitong Finance App learned that Nanochip (02676) rose by more than 8% and reached a new high of HK$139.7. As of press release, it rose 8.47% to HK$137, with a turnover of HK$100 million.

According to the news, the Shanghai Stock Exchange and Shenzhen Stock Exchange recently issued an announcement stating that due to the end of the price stabilization period in the Hong Kong market and the corresponding A-share listing for 10 trading days, it will be transferred to the Hong Kong Stock Exchange Securities List with effect from January 5. According to Frost & Sullivan data, in 2024, nanoscale ranked fifth among Chinese analog chip manufacturers in terms of analog chip revenue, and was also the only company among the top ten domestic manufacturers focusing on the three major product lines of sensors, signal chain chips, and power management chips.

Open Source Securities previously stated that ADI recently issued a price adjustment notice to customers and plans to launch a price increase mechanism for a full range of products starting February 1, 2026, with an overall average increase of about 15%. Previously, Texas Instruments (TI), the leading analog chip company, took the lead in raising prices in the third quarter, with an increase of 10% to more than 30%. The current ADI price increase is mainly due to cost increases in various areas. Judging from downstream demand, the industrial control and automotive sectors are slowly recovering, and AI data centers are driving demand for high-power, high-current analog chips. The bank believes that in 2026, as downstream demand continues to recover and AI capital expenditure remains high, there are opportunities for domestic simulation demand and prices to rise.