The Zhitong Finance App learned that basic semiconductors (09971) rose more than 7% at the end of the session. As of press release, it had risen 6.75% to HK$41.42, with a turnover of HK$43.9035 million.

According to the news, Basic Semiconductor announced that it will adjust the sales prices of some products moderately starting from the third quarter of 2026. Prices of some products are expected to increase by up to 25%, covering their core automotive/industrial grade silicon carbide power semiconductor modules, semiconductor discrete devices, and power semiconductor gate driver chips.

SDIC Securities International released a research report stating that basic semiconductors have a scarce SiC product matrix and a foundation for automotive-grade introduction. Downstream customers cover automotive, renewable energy and industrial applications, and there is room for improvement in the customer structure. The bank pointed out that basic semiconductors are pure SiC power device targets that are rare in the Hong Kong stock market. Industry space, domestic replacement logic, and progress in vehicle specification introduction are its core highlights, and are also the main reasons why this release can obtain a high valuation.

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