Recently, the A+H share memory chip leader GigaDevice has been the hottest stock.
Hong Kong stocks rose more than 9% directly in recent days, even surging over 10% intraday, mainly because the company released a positive earnings forecast for 2025, with expected net profit growth of nearly 46% year-on-year and revenue growth of 25%. The market believes AI demand has tightened memory supply and demand, driving both prices and volumes higher.
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