Changes in Hong Kong stocks | Foundry prepares for a new round of price increases, Huahong Hongli (01347) rises more than 6%, SMIC (00981) rises more than 4%

The Zhitong Finance App learned that chip stocks were higher in early trading. As of press release, Huahong Hongli (01347) rose 5.59% to HK$79.35; SMIC (00981) rose 3.57% to HK$50.75.

According to the news, recently, there was news of price increases in the foundry market. LSMC indicated that the average price of 8-inch and 12-inch logic OEM delivery in the third quarter had increased by 8%-10% month-on-month, and that the price of logic foundry is expected to increase by another 10%-20% in 2027. Previously, TSMC decided to increase its Foundry Quotation starting January 2027.

According to the SDIC Securities Research Report, global wafer manufacturing capacity will enter a new structural long-term boom cycle from 2026 to 2030. The storage sector is driven by the demand for high bandwidth and high-capacity storage of AI servers and end-side devices. The compound growth rate of DRAM and NAND production capacity is expected to be 15.72% and 11.46%, respectively; the compound growth rate of production capacity in the logic foundry sector is about 5.87%. TSMC relies on advanced manufacturing processes to maintain a leading position, and local foundries such as SMIC continue to consolidate the production capacity base in mature processes.