On July 7, NOVOSENSE fell 5.04% in regular trading, trading at 195.8 HKD/share, with turnover of approximately 21.31 million HKD.
On the news front, the semiconductor sector has been under sustained selling pressure for two consecutive trading days, broadly dragging down individual stocks. Within the sector, GigaDevice fell 8.84%, Montage Technology dropped 7.9%, and SMIC declined 2.38%. The previous session saw even heavier selling, with SMIC down 6.31%, Hua Hong Grace down 7.19%, and GigaDevice down 10.79%, while NOVOSENSE itself fell 5.01% on that day.
The broader weakness traces back to late June when chip stocks suffered a sharp selloff triggered by deteriorating market sentiment following news of Apple raising prices due to memory chip shortages and potential delays in OpenAI's IPO plans. The persistent sector rotation away from semiconductors continues to weigh on individual names including NOVOSENSE.
(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.)