Hong Kong Stock Market Update | Chip stocks decline across the board as ASML's export license for some high-end lithography machines is revoked. Institutions say the overall event is in line with expectations.
Chip stocks are all falling, affected by the partial revocation of ASML lithography machine export licenses by the Dutch government. Stocks such as HG SEMI, Huahong Semiconductor, SMIC, and SOLOMON SYSTECH have all experienced declines. The export licenses revoked by the Dutch government are for the NXT:2050i and NXT:2100i lithography machines to be delivered in 2023. CITIC Securities stated that this event is in line with expectations and recommends paying attention to the layout of domestic equipment companies and the lithography machine industry chain.
Zhitong App learned that chip stocks fell today. As of the time of writing, HG SEMI (06908) fell 4.48% to HKD 0.64; HUA HONG SEMI (01347) fell 3.46% to HKD 17.88; SMIC (00981) fell 2.78% to HKD 18.86; and JINGMEN Semiconductor (02878) fell 1.59% to HKD 0.31.
In terms of news, the partial revocation of the export license for ASML's DUV immersion lithography machines by the Dutch government has attracted attention recently. On the morning of January 2nd, the Securities Times reporter obtained an official statement from ASML, which stated that the revoked export license was for the NXT:2050i and NXT:2100i lithography machines scheduled for delivery in 2023. ASML stated that this will have an impact on some of the company's individual customers in China.
CITIC Securities pointed out that ASML had previously announced that the license would be extended until the end of 2023, so this incident is in line with expectations. It is worth paying attention to the layout of domestic equipment companies in the "bottleneck" field and the increase in orders brought by the purchase of advanced lithography machines. It is also recommended to pay attention to the domestic lithography machine industry chain considering the demand for domestic alternatives to high-end lithography machines.