Hong Kong-listed semiconductor stocks rallied in early trading, with Shanghai Fudan (01385.HK) rising nearly 9%, SMIC (00981.HK) up 3.5%, and Brainhole Technology (02203.HK), Innoscience (02577.HK), and Hongguang Semiconductor (06908.HK) all rising over 2%, while Hua Hong Semiconductor (01347.HK) rose 1.6%.