HK Stock Market Move | SICC Co., Ltd. (02631) rose more than 5% in the afternoon, TSMC's first quarter performance exceeded expectations, and SIC is expected to enter a period of industrial expansion.

SICC Co., Ltd. (02631) rose by over 5% in the afternoon, and as of the time of writing, it had risen by 4.6%, reaching 58 Hong Kong dollars, with a trading volume of 77.6832 million Hong Kong dollars. On the news front, on April 16th, TSMC released its financial report for the first quarter of 2026, with a net profit of 572.5 billion New Taiwan dollars, a year-on-year increase of 58%, exceeding the estimated 542.4 billion New Taiwan dollars by about 6%; revenue was 1.134 trillion New Taiwan dollars, a year-on-year increase of 35%, higher than the estimated 1.12 trillion New Taiwan dollars. TSMC announced that capital expenditure for the first quarter was 11.1 billion US dollars. Sinolink previously pointed out that TSMC plans to launch 5.5 times the size of the mask in 2026 and achieve 9.5 times the size in 2027 CoWoS, supporting 12-layer HBM and multi-chip integration, with advanced packaging becoming a key variable in AI computing power. The large size brings new bottlenecks in thermal management and warpage control. SiC materials, with high thermal conductivity and low CTE characteristics, are expected to be gradually introduced as heat diffusion layers and structural support layers to solve the heat-mechanical coupling problem.