Hua Hong Semiconductor Limited (stock code 01347) saw its share price soar 14.93% during Wednesday's intraday trading session, as the semiconductor sector bucked the broader market trend to rally.
The surge in Hua Hong Semi's stock came amid a strong performance across the semiconductor industry. Hua Hong Semi itself surged over 10%, while fellow semiconductor firms like Solomon Systech, Shanghai Fudan, SMIC, and Innoscience also posted gains ranging from 3% to over 6%.
The semiconductor sector's bullish momentum stood in contrast to the overall market conditions, signaling robust demand and positive sentiment specifically towards chip makers and related companies.
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