AI Chip Concept Stocks Watch | HUA HONG GRACE (01347.HK) Fluctuates and Weakens; Inflow of Southbound Capital via Stock Connect Approaches HK$1.8 Billion Over the Past 4 Days

NewTimeSpace (newtimespace.com) News: On June 23, 2026, the chip sector experienced a volatile retracement. HUA HONG GRACE (01347.HK) surged early in the morning session before pulling back. As of 13:20 PM, the company's share price was quoted at HK$163.700, down 0.55%.

On the news front, data shows that on June 22, the turnover of HUA HONG GRACE through the Hong Kong Stock Connect channel reached HK$4.120 billion, with a net buying amount of HK$542 million. The stock has registered consecutive net buying for 4 days, with a cumulative net buying amount of HK$1.796 billion.

In addition, SK Hynix recently announced plans to triple its wafer capacity by 2034 to meet the continuously growing demand for memory chips driven by AI computing.

CSC Financial pointed out that the explosion of AI computing power is profoundly reshaping the landscape of the chip design industry. Customization, high-performance interconnects, and advanced packaging design are becoming the core growth engines. In the future, chip design will place greater emphasis on software-hardware co-optimization, and leading design service enterprises are expected to continuously benefit from technological iterations and project volume releases.

Shengang Securities believes that the production expansion expectations of memory leaders remain optimistic and capital expenditure continues to run high, which will significantly drive the demand for thin-film deposition, etching, and bonding equipment. Concurrently, the technological evolution of HBM will also propel the expansion of high-end packaging capacity, allowing domestic equipment manufacturers to benefit from this round of the global memory production expansion cycle.

HUA HONG GRACE (01347.HK)Specializes in specialty process wafer foundry, offering customized manufacturing of power discretes, embedded non-volatile memory, analog and power management ICs. Its 8-inch and 12-inch production lines serve automotive, industrial control and data center power management applications. The company holds multiple automotive-grade quality certifications and provides mass production foundry services to various domestic and international automotive clients. Its overall capacity utilization has remained high over an extended period.

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