On May 20, InnoScience (02577.HK) rose 3.83% in regular trading, trading at 69.0 HKD/share, with trading volume of approximately 200 million HKD.

On the news front, the semiconductor sector staged a broad rally, with GigaDevice up 10.71%, SMIC up 6.79%, and Hua Hong Semiconductor up 4.89%, creating sector-wide linkage that lifted InnoScience from oversold levels. The stock had previously declined for three consecutive sessions following its surge of over 20% on May 13 and 7% on May 14, weighed down by H-share full circulation approval for approximately 374 million shares and sustained profit-taking.

Fundamentally, the core investment thesis remains intact. The ongoing power semiconductor pricing upsurge driven by AI data center deployment continues, and InnoScience retains its position as the sole Chinese mainland enterprise on NVIDIA's 800V HVDC system supplier list, having successfully supplied Google. The company's scarcity value as the world's leading GaN-on-Si IDM manufacturer provides support for price recovery.

(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.)