Movement Alert｜SMIC Falls 3.47% in Regular Trading, Semiconductor Sector Extends Multi-Day Correction Amid Profit-Taking Pressure

Market Focus07-16 09:47

On July 16, SMIC (00981.HK) fell 3.47% in regular trading, trading at HK$76.65/share, with turnover of HK$1.462 billion. The semiconductor sector continued to face broad-based selling pressure, marking the third consecutive trading day of correction since July 14.

On the news front, the sector-wide pullback intensified profit-taking momentum. Peers including HUA HONG GRACE fell 3.31%, GIGADEVICE fell 5.33%, MONTAGE TECH fell 10.45%, and ILUVATAR COREX fell 3.31%. SMIC had previously surged sharply, with its A-share jumping over 14% on July 9 — briefly surpassing Kweichow Moutai by market cap — and its H-share rising over 5% on July 13. The substantial cumulative gains triggered concentrated selling as investors locked in profits.

Market consensus suggests the medium-term industry catalysts remain intact, including wafer foundry price hike expectations — with TSMC reportedly raising 3nm pricing by up to 15% in the second half — and the World Artificial Intelligence Conference held July 17-20 in Shanghai. The current adjustment is viewed primarily as a technical correction following an overextended rally.

(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/1109586534?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-16 09:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1109586534","market":"us","top_or_hot":-1,"title":"Movement Alert｜SMIC Falls 3.47% in Regular Trading, Semiconductor Sector Extends Multi-Day Correction Amid Profit-Taking Pressure","media":"Market Focus","content":"<p><p>On July 16, SMIC (00981.HK) fell 3.47% in regular trading, trading at HK$76.65/share, with turnover of HK$1.462 billion. The semiconductor sector continued to face broad-based selling pressure, marking the third consecutive trading day of correction since July 14.</p><p>On the news front, the sector-wide pullback intensified profit-taking momentum. Peers including HUA HONG GRACE fell 3.31%, GIGADEVICE fell 5.33%, MONTAGE TECH fell 10.45%, and ILUVATAR COREX fell 3.31%. SMIC had previously surged sharply, with its A-share jumping over 14% on July 9 — briefly surpassing Kweichow Moutai by market cap — and its H-share rising over 5% on July 13. The substantial cumulative gains triggered concentrated selling as investors locked in profits.</p><p>Market consensus suggests the medium-term industry catalysts remain intact, including wafer foundry price hike expectations — with TSMC reportedly raising 3nm pricing by up to 15% in the second half — and the World Artificial Intelligence Conference held July 17-20 in Shanghai. The current adjustment is viewed primarily as a technical correction following an overextended rally.</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｜SMIC Falls 3.47% in Regular Trading, Semiconductor Sector Extends Multi-Day Correction Amid Profit-Taking Pressure</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｜SMIC Falls 3.47% in Regular Trading, Semiconductor Sector Extends Multi-Day Correction Amid Profit-Taking Pressure\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\">2026-07-16 09:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On July 16, SMIC (00981.HK) fell 3.47% in regular trading, trading at HK$76.65/share, with turnover of HK$1.462 billion. The semiconductor sector continued to face broad-based selling pressure, marking the third consecutive trading day of correction since July 14.</p><p>On the news front, the sector-wide pullback intensified profit-taking momentum. Peers including HUA HONG GRACE fell 3.31%, GIGADEVICE fell 5.33%, MONTAGE TECH fell 10.45%, and ILUVATAR COREX fell 3.31%. SMIC had previously surged sharply, with its A-share jumping over 14% on July 9 — briefly surpassing Kweichow Moutai by market cap — and its H-share rising over 5% on July 13. The substantial cumulative gains triggered concentrated selling as investors locked in profits.</p><p>Market consensus suggests the medium-term industry catalysts remain intact, including wafer foundry price hike expectations — with TSMC reportedly raising 3nm pricing by up to 15% in the second half — and the World Artificial Intelligence Conference held July 17-20 in Shanghai. The current adjustment is viewed primarily as a technical correction following an overextended rally.</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":"00981","symbol_name":"中芯国际","start_time":0,"source_url":"","article_id":"1109586534","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1109586534","pubTimestamp":1784166449,"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 July 16, SMIC (00981.HK) fell 3.47% in regular trading, trading at HK$76.65/share, with turnover of HK$1.462 billion. The semiconductor sector continued to face broad-based selling pressure,...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00981":"中芯国际"},"translate_title":"走势警报|中芯国际常规交易下跌3.47%，半导体板块在获利回吐压力下延续多日回调","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00981":1},"content_text":"On July 16, SMIC (00981.HK) fell 3.47% in regular trading, trading at HK$76.65/share, with turnover of HK$1.462 billion. The semiconductor sector continued to face broad-based selling pressure, marking the third consecutive trading day of correction since July 14.On the news front, the sector-wide pullback intensified profit-taking momentum. Peers including HUA HONG GRACE fell 3.31%, GIGADEVICE fell 5.33%, MONTAGE TECH fell 10.45%, and ILUVATAR COREX fell 3.31%. SMIC had previously surged sharply, with its A-share jumping over 14% on July 9 — briefly surpassing Kweichow Moutai by market cap — and its H-share rising over 5% on July 13. The substantial cumulative gains triggered concentrated selling as investors locked in profits.Market consensus suggests the medium-term industry catalysts remain intact, including wafer foundry price hike expectations — with TSMC reportedly raising 3nm pricing by up to 15% in the second half — and the World Artificial Intelligence Conference held July 17-20 in Shanghai. The current adjustment is viewed primarily as a technical correction following an overextended rally.(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":true,"editions":null,"column":"","sentiment":"0","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":"4.46.0","shortVersion":"4.46.0","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/1109586534","isCrawlerRequest":true}