HK Movers|Chip Stocks Extend Losses; BIREN TECH Plunges Over 19%
Semiconductor stocks sustained downward momentum through the afternoon trading session. $BIREN TECH(06082)$ tumbled more than 19%, $GIGADEVICE(03986)$ shed 16%, and $SMIC(00981)$ lost over 10% of its value. Meanwhile, GaN chip maker $INNOSCIENCE(02577)$ retreated by more than 8%.