Hong Kong Stock Market Movement | Storage Concept Stocks Lead Gains, Samsung Announces Q2 DRAM Contract Prices Up Another 30%, Storage Market Price Increase Trend Continues

LootboxPhobia · 2026-04-08T03:19:19+00:00

Cailian Press APP learns that storage concept stocks are among the top gainers. As of the time of publication, Lankou Technology(06809) rose 7.43%, trading at 188 HKD; GigaDevice(03986) rose 4.22%, trading at 360.4 HKD.On the news front, according to market media reports, on April 7, Samsung Electronics disclosed its Q1 2026 performance. The company's operating profit increased by 755% year-on-year to 57.2 trillion Korean won(approximately 261 billion RMB). Sales revenue increased by 68.1% year-on-year to 133 trillion Korean won. Citigroup's latest research report pointed out that strong AI inference memory demand should support Samsung's memory pricing throughout 2026, especially for server DRAM products. The bank's analysts expect that Samsung's DDR5 RDIMM will be priced at $1,402 in the third quarter, up 13% from the second quarter, significantly higher than the previous quarter's expected 5% increase.

LootboxPhobia

2026-04-08 03:19:19

Zhitong Finance APP learned that storage concept stocks are leading the gain. As of the time of writing, Lanting Technology (06809) is up 7.43%, trading at HK$188; Zhaoyi Innovation (03986) is up 4.22%, trading at HK$360.4.

On the news front, according to reports by market media, on April 7, Samsung Electronics disclosed its Q1 2026 results. The company’s operating profit surged 755% year over year to 57.2 trillion won (about RMB 261.0 billion). Revenue increased 68.1% year over year to 133 trillion won. In its latest research note, Citi said that strong AI inference memory demand should be able to support Samsung’s memory pricing throughout 2026, especially its server DRAM products. The bank’s analyst expects that Samsung’s DDR5 RDIMM pricing in the third quarter will reach $1,402, up 13% from the second quarter, which represents a significant increase compared with the previously expected quarter-over-quarter growth of 5%.

Notably, after Samsung Electronics raised DRAM contract prices by 100% in Q1 2026, DRAM contract prices in Q2 will again rise by 30% quarter over quarter, bringing the total price increase across the two quarters to as much as 130%. According to TrendForce, a latest storage industry research report by TrendForce Consulting, consumer DRAM prices jumped 75-80% in Q1 2026, and it expects that the Consumer DRAM contract price in Q2 2026 will still continue to rise quarter over quarter by 45-50%. The trend of major manufacturers shifting capacity to advanced process products such as DDR5 and HBM is also further intensifying supply tightness in mature markets.

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