The Zhitong Finance App learned that Huahong Hongli (01347) rose more than 5%. As of press release, it had risen 4.26% to HK$210.2, with a turnover of HK$773 million.

According to the news, Huahong Hongli announced that the company previously disclosed that it plans to issue shares to purchase 97.4988% of Hualiwei's shares and raise supporting capital. It was registered and approved by the Securities Regulatory Commission on July 8, and raised no more than 7.556 billion yuan in supporting capital. After the transaction is completed, Huahong will fully control Hualiwei.

Huayuan Securities believes that in 2025, TSMC has officially begun to gradually reduce 8-inch production capacity, with the goal of completely discontinuing production in some production areas in 2027; Samsung started an 8-inch production line to cut production in the same year. In 2026, although manufacturers such as SMIC and Vanguard plan to slightly expand production, it is still less than the two giants' production cuts. At the same time, demand for power management and power semiconductors for AI servers has increased significantly, driving the 8-inch production capacity utilization rate of the top ten wafer processors to return to nearly 90%, and there are expectations that mature process foundry prices will rise.

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