On June 5, Novosense Micro (02676) fell 5.29% in regular trading, trading at HK$179.0/share, with trading volume of HK$37.036 million. The decline was primarily driven by the ongoing semiconductor sector correction and sustained profit-taking from earlier gains.

On the news front, the semiconductor sector extended its recent pullback, with sector peers declining broadly — Montage Technology down 7.24%, GigaDevice down 6.23%, Hua Hong Semi down 4.09%, and SMIC down 3.74%. Industry analysts have noted that trading congestion in the A-share semiconductor sector has reached historical highs, posing short-term technical correction risks. Additionally, the National IC Industry Investment Fund (Big Fund) has recently reduced holdings in multiple semiconductor companies, further suppressing market sentiment.

Notably, Novosense Micro had previously accumulated a 49.15% stock price gain during its shareholder reduction period. The continued unwinding of short-term profit positions, combined with the broader sector adjustment, has formed sustained downward pressure on the stock.

(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.)