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Memory Prices Leap 50% Last Qtr, Expected to Keep Rising This Qtr; LENOVO GROUP Sags 5%; SK Hynix Hits New High
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Following yesterday's decline, the Hong Kong stock market opened 156 points lower this morning (8th), with the early session's decline expanding to 404 points, reaching a low of 26,054. It last reported at 26,133, down 325 points or 1.2%, with a turnover of HKD100.973 billion. LENOVO GROUP (00992.HK) opened 0.22% higher but then turned south. It last slid 5.05%, at HKD8.83, marking an about-seven-month low and the sharpest slump among blue chips, with a turnover of HKD1.176 billion. Recently, the memory market has charted a price leap for computer hardware such as RAM and SSD storage due to robust demand from AI and server enterprises. According to a report published by market research firm Counterpoint, memory prices mushroomed by 40-50% in 4Q25 and are expected to rise another 40-50% in 1Q26, with a further 20% gain anticipated in 2Q. On the back of the upsurge in memory prices, South Korea's Samsung Electronics saw its operating profit swell by 208% in 4Q25, exceeding expectations. The share price of South Korean flash memory giant SK Hynix soared to KRW788,000 during the session, hitting a new high, last up 4.7% at KRW777,000, boosting the Hong Kong-listed XL2CSOPHYNIX (07709.HK) to peak at HKD23.34, a record since listing. It last stood at HKD22.5, up 8.17%, with a turnover of HKD330 million. AASTOCKS Financial News Website: www.aastocks.com |
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