Movement Alert｜SICC Falls 5.12% at Open, Profit-Taking After Prior Session Surge Amid Semiconductor Sector Weakness

Market Focus06-10

On June 10, SICC (02631.HK) fell 5.12% at open, trading at 92.6 HKD/share, with trading volume of HKD 1.63 million.

The decline came after the stock surged over 10% in the prior session on June 9, driven by bullish SiC industry fundamentals including capacity utilization exceeding 90% at major substrate manufacturers. The sharp rally triggered immediate profit-taking at open.

The semiconductor sector experienced broad weakness simultaneously, with ASMPT falling 4.53%, Flat Glass down 1.73%, and GCL Technology declining 1.35%. Cross-market sentiment also weighed heavily, as the STAR 50 Index on A-shares dropped 5% in the prior session while SICC's A-share listing fell 7.78%, transmitting bearish pressure to Hong Kong trading. As the global leader in 8-inch SiC substrates with 51.3% market share, the company maintains strong medium-term growth prospects tied to AI data center and new energy demand, but faces short-term technical correction pressure following rapid gains.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1101124626?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-10 09:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1101124626","market":"hk","top_or_hot":-1,"title":"Movement Alert｜SICC Falls 5.12% at Open, Profit-Taking After Prior Session Surge Amid Semiconductor Sector Weakness","media":"Market Focus","content":"<p><p>On June 10, SICC (02631.HK) fell 5.12% at open, trading at 92.6 HKD/share, with trading volume of HKD 1.63 million.</p><p>The decline came after the stock surged over 10% in the prior session on June 9, driven by bullish SiC industry fundamentals including capacity utilization exceeding 90% at major substrate manufacturers. The sharp rally triggered immediate profit-taking at open.</p><p>The semiconductor sector experienced broad weakness simultaneously, with ASMPT falling 4.53%, Flat Glass down 1.73%, and GCL Technology declining 1.35%. Cross-market sentiment also weighed heavily, as the STAR 50 Index on A-shares dropped 5% in the prior session while SICC's A-share listing fell 7.78%, transmitting bearish pressure to Hong Kong trading. As the global leader in 8-inch SiC substrates with 51.3% market share, the company maintains strong medium-term growth prospects tied to AI data center and new energy demand, but faces short-term technical correction pressure following rapid gains.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜SICC Falls 5.12% at Open, Profit-Taking After Prior Session Surge Amid Semiconductor Sector Weakness</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜SICC Falls 5.12% at Open, Profit-Taking After Prior Session Surge Amid Semiconductor Sector Weakness\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-10 09:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 10, SICC (02631.HK) fell 5.12% at open, trading at 92.6 HKD/share, with trading volume of HKD 1.63 million.</p><p>The decline came after the stock surged over 10% in the prior session on June 9, driven by bullish SiC industry fundamentals including capacity utilization exceeding 90% at major substrate manufacturers. The sharp rally triggered immediate profit-taking at open.</p><p>The semiconductor sector experienced broad weakness simultaneously, with ASMPT falling 4.53%, Flat Glass down 1.73%, and GCL Technology declining 1.35%. Cross-market sentiment also weighed heavily, as the STAR 50 Index on A-shares dropped 5% in the prior session while SICC's A-share listing fell 7.78%, transmitting bearish pressure to Hong Kong trading. As the global leader in 8-inch SiC substrates with 51.3% market share, the company maintains strong medium-term growth prospects tied to AI data center and new energy demand, but faces short-term technical correction pressure following rapid gains.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02631","symbol_name":"天岳先进","start_time":0,"source_url":"","article_id":"1101124626","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1101124626","pubTimestamp":1781054617,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 10, SICC (02631.HK) fell 5.12% at open, trading at 92.6 HKD/share, with trading volume of HKD 1.63 million.The decline came after the stock surged over 10% in the prior session on June 9,...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02631":"天岳先进"},"translate_title":"走势提示|SICC开盘跌5.12%半导体板块疲软前一交易日大涨后获利回吐","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02631":1},"content_text":"On June 10, SICC (02631.HK) fell 5.12% at open, trading at 92.6 HKD/share, with trading volume of HKD 1.63 million.The decline came after the stock surged over 10% in the prior session on June 9, driven by bullish SiC industry fundamentals including capacity utilization exceeding 90% at major substrate manufacturers. The sharp rally triggered immediate profit-taking at open.The semiconductor sector experienced broad weakness simultaneously, with ASMPT falling 4.53%, Flat Glass down 1.73%, and GCL Technology declining 1.35%. Cross-market sentiment also weighed heavily, as the STAR 50 Index on A-shares dropped 5% in the prior session while SICC's A-share listing fell 7.78%, transmitting bearish pressure to Hong Kong trading. As the global leader in 8-inch SiC substrates with 51.3% market share, the company maintains strong medium-term growth prospects tied to AI data center and new energy demand, but faces short-term technical correction pressure following rapid gains.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1101124626","isCrawlerRequest":true}