On June 15, Shanghai Fudan rose 5.3% in regular trading, trading at HKD 28.22/share, with turnover of HKD 72.54 million.
On the news front, the disclosure of an Iran-US memorandum of understanding requiring the lifting of maritime blockades and reopening of the Strait of Hormuz within 30 days significantly eased geopolitical tensions. Simultaneously, the US 10-year Treasury yield fell 6 basis points to a one-month low of 4.4197%, providing favorable conditions for growth stock valuation recovery.
The Hong Kong-listed semiconductor sector rallied broadly, with HUA HONG SEMI up 10.92%, GIGADEVICE up 8.8%, MONTAGE TECH up 6.2%, SMIC up 6.14%, and ILUVATAR COREX up 11.84%. Sector capital inflows were notable as A-H share semiconductor assets saw funds rotating back into Hong Kong-listed names on valuation appeal.
(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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