Movement Alert｜ILUVATAR COREX Falls 7.79% in Regular Trading, Semiconductor Weakness Continues to Weigh on Sentiment

Market Focus10-15

On October 15, ILUVATAR COREX fell 7.79% in regular trading, trading at HK$86.65, with turnover of HK$68.745 million.

The main driver was continued weakness across semiconductor stocks, with sector-wide risk appetite remaining under pressure and selling extending in related names.

Recent market updates indicated that semiconductor shares were again broadly lower on the same day, with SMIC down 4.51%, HUA HONG GRACE down 7.16%, MONTAGE TECH down 8.8%, BIREN TECH down 8.26%, and GIGADEVICE down 6.8%. Although ILUVATAR COREX had recently unveiled its 144-GPU supernode solution and previously reported first-half revenue of RMB946 million, up 191.6% year over year, with adjusted net profit of RMB246 million turning positive, the stock remained pressured by the broader sector sell-off.

(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.)

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