Movement Alert|MINIMAX-W Rises 5.28% in Regular Trading, Chip Sector Rally Lifts Tech Stocks

Market Focus
07/23

On July 23, MINIMAX-W rose 5.28% in regular trading, trading at 210.0 HKD/share, with turnover of approximately 66.72 million HKD.

On the news front, Hong Kong-listed chip stocks broadly opened higher and strengthened throughout the session. Tianshu Zhixin, GigaDevice, and Montage Technology each gained over 3%, while ASMPT, Biren Technology, and Hua Hong Semiconductor followed higher. As a constituent of the Hang Seng Tech Index, MINIMAX-W was lifted by the upbeat semiconductor sector sentiment, driving its share price notably higher. Additionally, PCB and non-ferrous metals sectors also traded actively, reflecting an overall recovery in market risk appetite that provided a supportive trading environment for technology stocks.

(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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