Movement Alert|NEXCHIP Rises 3.06% in Regular Trading, Interim Results Due Soon Amid Semiconductor Sector Rally

Market Focus
Aug 17

On August 17, NEXCHIP rose 3.06% in regular trading, trading at 35.94 HKD/share, with turnover of 25.4793 million HKD.

On the news front, the company is scheduled to release its interim results for the period ending June 30 on August 24. Market consensus expects quarterly revenue of 3.356 billion yuan, representing a 23.05% year-over-year increase, with EPS of 0.12 yuan, up 50.00% year-over-year, and EBIT of 304 million yuan, up 26.88% year-over-year. The upcoming earnings window is catalyzing positive market sentiment.

Sector-wide strength is providing further tailwinds, with SMIC rising 4.8% and HUA HONG GRACE gaining 5.84% on the same day. Additionally, institutional capital continues to flow into the stock, with Huaqin Technology having increased its stake to 11.03% and GIC raising its position to 5.30%, providing sustained support on the capital side. The company was also added to the Stock Connect program on August 7, broadening its investor base.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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