Movement Alert|SG Micro Rises 3.29% in Regular Trading, Semiconductor Sector Rebound and GIC Continuous Purchases Boost Confidence

Market Focus07-21

On July 21, SG Micro (03661.HK) rose 3.29% in regular trading, trading at HK$93.6/share, with turnover of HK$2.1623 million. The gain was driven by a continued rebound across the semiconductor sector alongside sustained institutional accumulation.

On the sector front, semiconductor stocks extended their recovery, with Biren Tech up 6.38%, Hua Hong Grace up 4.27%, GigaDevice up 2.06%, and SMIC up 1.51%, providing broad-based tailwinds for SG Micro. The systematic sector recovery has supported the stock's stabilization.

On the individual stock level, Singapore sovereign wealth fund GIC Private Limited has increased its holdings in the company's H shares four consecutive times since July 7, accumulating approximately 1.1453 million shares. GIC's latest holding ratio rose to 16.36%, with individual transactions priced between HK$98.49 and HK$118.19 per share, totaling over HK$100 million in aggregate purchases. The persistent accumulation by a major institutional investor has reinforced market confidence.

(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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