AI Chip Concept Stocks Watch | HUA HONG GRACE (01347.HK) up 4.72%, Hong Kong's first five-year plan lists AI as a key industry

NewTimeSpace (newtimespace.com) News, on 18 September 2026, AI chip stocks traded strongly, with HUA HONG GRACE (01347.HK) strengthening. As of 14:00, the company quoted HKD 115.400, up 4.72%.

On the news front, on 16 September, the government of the Hong Kong Special Administrative Region published its first five-year plan for economic and social development (2026-2030), proposing to make artificial intelligence an important industry for Hong Kong's future development, empower all sectors with AI technology and continue to fully advance the "AI+" initiative. The plan proposes actively studying the building of an "AI City Brain" integrated city management system, fully enhancing the layout of computing infrastructure by building the Sha Ling data park to support the computing requirements of AI industry development, and advancing the construction of the first national manufacturing innovation centre in Hong Kong.

In addition, on 18 September, media reports said that lead times for key components of semiconductor manufacturing equipment in South Korea have more than doubled, with the industry facing a supply shortage. Lead times for components used in deposition equipment have been extended from four months to ten months, while delivery cycles for key components of semiconductor laser processing equipment have reached 40 months, with several categories no longer able to provide a clear delivery date.

SDIC Securities (Hong Kong) Limited noted that the global semiconductor market in 2026 is shifting from a traditional cyclical recovery to a structural expansion led by AI infrastructure and the memory super-cycle, and that the World Semiconductor Trade Statistics organisation forecasts the market will reach USD 1.51 trillion that year, up 89.9% year on year, with memory chips expected to grow 249.5% to USD 803.9 billion and logic chips up 37.3% to USD 411.4 billion; capital expenditure by the four major North American cloud service providers reached USD 129.75 billion in the first quarter of 2026, with industry concentration rising and structural opportunities standing out.

HUA HONG GRACE (01347.HK) Specializes in specialty process wafer foundry, offering customized manufacturing of power dies, 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.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.