HK Stock Market Move | Chip stocks collectively rose in the afternoon, and the domestic semiconductor industry welcomed a wave of mergers and acquisitions. US tariffs may reshape the global semiconductor supply chain.

Chip stocks collectively rose in the afternoon, as of the time of publication, Semiconductor Manufacturing International Corporation (00981) rose 3.5% to HK$51.8; HUA HONG SEMI (01347) rose 3.09% to HK$48.06; HG SEMI (06908) rose 3.08% to HK$0.67; SHANGHAI FUDAN (01385) rose 0.6% to HK$30.28. On the news front, HUA HONG SEMI recently announced plans to acquire a controlling stake in Huahong Micro by issuing shares and paying cash, with the target assets being a portion of Huahong Micro's mature process business. Analysts pointed out that this asset acquisition is part of the current wave of mergers and acquisitions in the domestic semiconductor industry, and HUA HONG SEMI will further strengthen its strategic positioning focusing on mature processes and unique technologies, consolidating its technological advantages in markets such as automotive, industrial, and consumer electronics. In addition, on August 6, Trump announced that a 100% industry tariff will be imposed on imported semiconductors into the United States. Western pointed out that in the short term, semiconductor industry tariffs will significantly increase production costs, raise prices of electronic products, and suppress demand. Companies with investment plans in the United States have performed well in the stock market after the news. Looking ahead, regional nationality has become a new variable in the restructuring of the semiconductor supply chain. The bank believes that tariffs and their design and implementation may have a profound impact on the semiconductor and technology industries, as the value of production locations shifts from intangible factors to indicators quantified by tariffs.