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Hong Kong semiconductor sector partially rebounded, with Hua Hong Semiconductor (01347.HK) rising more than 12% as its share price hit a record high, SMIC (00981.HK) up over 5%, and Jingmen Semiconductor (02878.HK) up 3.75%.

2026-05-28

Hong Kong semiconductor sector partially rebounded, with Hua Hong Semiconductor (01347.HK) rising more than 12% as its share price hit a record high, SMIC (00981.HK) up over 5%, and Jingmen Semiconductor (02878.HK) up 3.75%.

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2026-05-27

Spot silver fell 3.00% on the day, currently trading at $74.56 per ounce.

Spot silver fell 3.00% on the day, currently trading at $74.56 per ounce.
2026-05-28

Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region, said today at the 2026 Hong Kong Sci‑Tech Seminar that Hong Kong must build the full financing and financial‑services chain tightly integrated with the sci‑tech sector. He

Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region, said today at the 2026 Hong Kong Sci‑Tech Seminar that Hong Kong must build the full financing and financial‑services chain tightly integrated with the sci‑tech sector. He said the Hong Kong equity market has performed strongly over the past two years and many mainland sci‑tech firms view Hong Kong as their first choice for fundraising and overseas expansion. He added that is only the back end of financing; Hong Kong must deploy smaller‑ticket capital, fund earlier stages, and invest in hard technology, and support emerging and future industries that require large up‑front investment, carry high risk, and have long return cycles. To that end, he said the government is vigorously developing a 'patient capital' ecosystem through Hong Kong Investment Management Company to guide and crowd in market funds. He said the 'financial+' vision is not only rooted in China but oriented to Asia and intended to radiate globally, and that the goal is to make global sci‑tech companies willing to come to Hong Kong to grow and scale.
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