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Chinese Chip Equipment Stocks Rally Ahead of First-Half Earnings Season
Shares of Naura Technology Group rose more than 70 per cent in 2026 while several peers more than doubled. A group of 14 firms posted 32 per cent revenue growth and 61 per cent profit growth in the first quarter. South China Morning Post reported the sector now faces scrutiny over whether results justify the gains.
Jul 7, 2:13 AM·1m read1 source
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China’s semiconductor equipment industry is heading into first-half 2026 earnings season after a broad rally lifted shares of domestic suppliers, South China Morning Post reported. Naura Technology Group shares have risen more than 70 per cent year to date in 2026. Shares of Advanced Micro-Fabrication Equipment, Piotech and Hwatsing Technology have more than doubled over the same period.
Kingsemi, Hangzhou Changchuan Technology, Accotest, Skyverse Technology and Wuhan Jingce Electronic Group have also recorded gains. Fourteen major Chinese chip equipment firms tracked by Soochow Securities reported combined 2025 revenues of 90 billion yuan, up 35 per cent from the prior year.
First-quarter 2026 revenue for the group reached 21.78 billion yuan, a 32 per cent increase, while combined net profits rose 61 per cent.
The gains reflect investor expectations that memory-chip expansion, advanced packaging and domestic self-reliance efforts will generate orders for local makers of etching, deposition, cleaning and testing equipment.
