On June 10, GigaDevice (03986.HK) declined 4.03% in regular trading, trading at 672.5 HKD/share, with trading volume of HKD 314 million.

On the news front, company director Zhu Yiming has been consecutively reducing his holdings, selling approximately 110,700 shares on June 5 and an additional 245,000 shares on June 8, totaling over 350,000 shares disposed of in recent sessions. Meanwhile, multiple block trades were executed at discounted prices, with net main capital outflows exceeding RMB 1.1 billion on June 8 alone.

Since listing on the Hong Kong Stock Exchange in January, GigaDevice's share price has quadrupled in less than six months, creating substantial embedded profits among existing holders. The stock saw a single-day decline exceeding 7% last week before rebounding sharply, indicating significantly widening market divergence and sustained selling pressure at elevated price levels. Within the broader semiconductor sector, the global chip selloff triggered by Broadcom's AI chip revenue guidance miss continues to weigh on sentiment.

(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.)