AI Chip Concept Stocks Insight | HUA HONG GRACE (01347.HK) up 2.06%, Wuxi Phase III capital lifted to USD 4.17 billion
- Registered capital of the Wuxi Phase III entity rose from RMB 6.68 million to USD 4.17 billion, with new minority shareholders, while HUA HONG GRACE remains controlling shareholder and operator.
- HUA HONG GRACE runs specialty process foundry lines serving automotive, industrial control and data centre power management, with utilisation long kept at high levels.
- STMicroelectronics will raise prices on selected automotive, microcontroller and power discrete products from 1 January 2027, its fourth such move this year.
NewTimeSpace News, 12 November 2026, the AI chip theme performed strongly, with HUA HONG GRACE (01347.HK) strengthening. As of 13:20, the company quoted HKD 76.700, up 2.06%.
On the news front, on 10 November 2026, HUA HONG GRACE said on an investor relations platform that the registration change at Wuxi Hua Hong Grace Phase III Semiconductor was made to advance the project, with registered capital rising from RMB 6.68 million to USD 4.17 billion and minority shareholders including Wuxi Xihong Guoxin Phase II Investment and China Development Bank's new policy-based financial instrument brought in; after the increase, the company remains the controlling shareholder of the Wuxi Phase III entity and will continue to run its daily operations. The project plans a 12-inch specialty process foundry line with monthly capacity of about 55,000 wafers.
In addition, on 11 November 2026, media reports indicated that STMicroelectronics issued its fourth price adjustment notice this year, raising prices on selected products from 1 January 2027, covering automotive-grade, microcontroller and power discrete products; the company said the semiconductor industry continues to face inflationary pressure and rising operating and supply chain costs, making the adjustment necessary.
CMB International Securities Limited believes that the company's fourth-quarter guidance points to further growth, supported by capacity release at Fab9A and the continued pass-through of earlier price increases; utilisation remains above 100%, and the key drivers of profitability include pricing, product mix and the pace of new capacity ramp-up.
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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