01912 CONTEL
- 0.130
- +0.024+22.64%
CONTEL News
Market quick glance | The three major Indices showed mixed results, with the tech index slightly rising, Xiaomi and Tencent increasing nearly 3%; Semiconductors stocks were strong, with Semiconductor Manufacturing International Corporation rising over 8%;
Network Technology stocks performed poorly, KUAISHOU-W fell by 5.42%, Alibaba-W dropped by 3.44%; most Coal Industrial Concept stocks declined, SOUTHGOBI fell by 12.02%, China Coal Energy dropped by 6.37%; many Hong Kong Retail Stocks fell, PRADA decreased by 3.80%, BOSSINI INT'L dropped by 3.48%;
Hong Kong stock market midday review | All three Indexes rose, Semiconductors and Tencent Related stocks strengthened, Weimob surged over 16%, Semiconductor Manufacturing International Corporation rose over 10%, and Tencent increased over 3%.
Network Technology stocks generally fell, KUAISHOU-W dropped 4.65%, Alibaba-W fell 3.32%; many Coal Industrial Concept stocks declined, SOUTHGOBI fell 8.50%, China Coal Energy dropped 5.01%; Mobile Game stocks rose, BOYAA fell 5.06%, TENCENT increased 3.08%;
Funds continue to flock to the market! The Hong Kong stock market's semiconductor sector further rises: HG SEMI increases by over 12%, Semiconductor Manufacturing International Corporation rises by over 10%.
On December 20th, Gelonghui reported that recent AI product launches and updates from ByteDance, ChatGPT, Google, and others have led to renewed enthusiasm for the semiconductor Sector among market investors. Hong Kong stocks in the semiconductor Sector further surged during the day, with CONTEL rising over 35%, HG SEMI rising over 12%, Semiconductor Manufacturing International Corporation rising over 10%, SOLOMON SYSTECH rising over 7%, BRAINHOLE TECH and HUA HONG SEMI rising nearly 7%, SHANGHAI FUDAN rising nearly 6%, CE HUADA TECH rising over 3%, and INGDAN rising over 1%. Industry insiders believe that the trend toward self-controllable semiconductor Industry is inevitable, with the acceleration of domestic manufacturing.
Hong Kong Stock Market Midday Review | All three major Indices fell, the Technology Index decreased by about 2%; the technology sector, domestic real estate, and China-Affiliated Brokerage stocks declined, SUNAC fell over 6%, CITIC SEC dropped over 4%, an
Network Technology stocks performed poorly, SenseTime-W fell by 3.21%, MEITUAN-W dropped by 2.84%; Golden Industrial Concept stocks generally declined, RA SILK ROAD increased by 7.46%, LINGBAO GOLD fell by 4.75%; Semiconductors stocks weakened, SHEEN TAI rose by 5.82%, Semiconductor Manufacturing International Corporation decreased by 3.87%;
[Brokerage Focus] Citic Securities suggests that the future difficulty for mainland Chinese chip companies to obtain advanced processes may increase. In the long term, the scarcity of advanced processes in domestic wafer factories will be strengthened.
Jingu Finance | Citic Securities stated that against the backdrop of the possibility of Trump coming to power exacerbating technology competition, the market's concerns about stricter control over the access of Mainland Chinese companies to Taiwan Semiconductor's advanced process chip foundry services from the USA have intensified. For Mainland Chinese companies, especially AI chip companies, the "available advanced process" in Mainland China and the international advanced process have become two separate supply chain systems, with domestic-related wafer fabs expanding production relying on domestic equipment supply chains, long-term expanding revenue growth space, and expecting profitability improvement. In the current complex and ever-changing international environment, Mainland Chinese chip companies in the future will be able to access advanced chips.
Contel Technology Alters Financial Year-End Strategy
Contel (01912.HK) changes its fiscal year-end.
Contel (01912.HK) announced on November 8th that the board of directors has decided to change the company's financial year-end from December 31st to March 31st, effective immediately.
HK stocks surge, with semiconductor stocks leading the gains. The performance of leading companies in the third quarter is impressive, with domestic manufacturers accelerating the process of achieving self-reliance and controllability.
Semiconductor stocks led the gains, as of the time of publication, Contel (01912) rose by 9.02% to 0.145 Hong Kong dollars; HG Semi (06908) rose by 7.32% to 0.88 Hong Kong dollars; Semiconductor Manufacturing International Corporation (00981) rose by 3.72% to 29.3 Hong Kong dollars.
Express News | Some Hong Kong semiconductor stocks are strong, Contel surged more than 14%.
Semiconductor stocks surged in the afternoon, with Semiconductor Manufacturing International Corporation (00981) rising by 14.42%. Institutions expect steady development and performance improvement in the semiconductor industry.
Golden Finance News | Semiconductor stocks surged in the afternoon, with Contel (01912) up 23.81%, HG Semi (06908) up 18.31%, Semiconductor Manufacturing International Corporation (00981) up 14.42%, Shanghai Fudan (01385) up 13.15%, Hua Hong Semi (01347) up 10.61%, Solomon Systech (02878) up 8%. On the news front, GTJA stated that in the past week, among the seven major technology industries tracked, the semiconductor industry was the only one to rise, with the selected index rising by 3.2%, outperforming the SSE Composite Index by 6.8 percentage points, while the rest of the industries.
Hong Kong stock market anomaly | Chip stocks extend losses in late trading, Brainhole Tech (02203) falls more than 27%, Semiconductor Manufacturing International Corporation (00981) drops nearly 6%.
Chip stocks continued to fall for the past two days, with the decline further expanding towards the end of the session. As of the time of publication, brainhole tech (02203) fell by 27.16%, closing at 0.295 Hong Kong dollars; contel (01912) fell by 10.45%, closing at 0.12 Hong Kong dollars; solomon systech (02878) fell by 9.68%, closing at 0.56 Hong Kong dollars; semiconductor manufacturing international corporation (00981) fell by 5.15%, closing at 25.8 Hong Kong dollars; hua hong semi (01347) fell by 2.49%, closing at 23.5 Hong Kong dollars.
HK stocks unusual movement | Semiconductor stocks plummeted significantly. Shanghai Fudan (01385) dropped more than 18%, Hua Hong Semi (01347) dropped more than 11%.
Semiconductor stocks plummeted significantly, as of the time of publication, Shanghai Fudan (01385) fell by 18.7%, closing at 20 Hong Kong dollars; Contel (01912) fell by 18.92%, closing at 0.15 Hong Kong dollars; Hua Hong Semi (01347) fell by 11.52%, closing at 28.7 Hong Kong dollars.
Hong Kong semiconductor stocks continue to soar! Among them, one stock rose nearly three times intraday, with institutions stating that the strong momentum will continue.
How do institutions view the sharp rise in semiconductor stocks? How is the current performance of the semiconductor market?
Semiconductor stocks are strong, hg semi (06908) rose by 43.75%, with China urging companies to purchase domestic ai chips.
Semiconductor stocks are showing strong momentum, Contel (01912) increased by 77.78%, HG Semi (06908) increased by 43.75%, Solomon Systech (02878) increased by 31.88%, Ce Huada Tech (00085) increased by 21.47%, Shanghai Fudan (01385) increased by 12.25%, Semiconductor Manufacturing International Corporation (00981) increased by 12.25%, Hua Hong Semi (01347) increased by 7.5%.
Hong Kong stocks have a new opportunity! The semiconductor sector is soaring, with hg semi closing up more than 280%.
Today, the sector with the largest increase in the Hong Kong stock market is no longer brokerage and real estate, but semiconductors.
CONTEL: 2024 Interim Report
The performance of contel (01912.HK) widened its half-year loss to 2.834 million US dollars
Contel (01912.HK) announced its interim performance for the period ending June of this year, with revenue of $30.775 million (the same below), down 7% year-on-year. The loss expanded to $2.834 million, compared to a loss of $2.713 million in the same period last year; loss per share of 0.25 cents. No dividend will be paid.
Contel Technology Faces Wider Losses Amid Sales Dip
Contel (01912) releases interim performance, with a net loss attributable to shareholders of 2.834 million US dollars, an increase of 4.46% year-on-year.
Contel (01912) announced its interim performance for the six months ended June 30, 2024, with group revenue of 3077...
CONTEL: ANNOUNCEMENT OF UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
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