On July 27, INNOSCIENCE fell 5.23% in regular trading, trading at 41.94 HKD/share, with turnover of approximately 30.07 million HKD. The decline came amid a broad selloff across the semiconductor sector.
The semiconductor industry saw widespread losses, with HUA HONG GRACE down 7.14%, ILUVATAR COREX down 6.84%, MONTAGE TECH down 6.79%, GIGADEVICE down 6.51%, and SMIC down 3.22%. Multiple headwinds have weighed on chip stocks in recent sessions, including downstream terminal manufacturers pushing back against memory price hikes, persistent weakness in consumer electronics demand, and market concerns over whether sustained high AI capex from global cloud giants can translate into long-term profitability. Supply-side fears of potential overcapacity beyond next year have also compressed sector valuations. Additionally, institutional profit-taking after substantial year-to-date gains has intensified selling pressure amid limited incremental capital inflows.
(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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