On August 6, GIGADEVICE fell 4.69% in regular trading, trading at approximately 459.4 HKD/share, with turnover of HKD 217 million.

The decline follows a sharp rally in the prior session, where the company's A-shares surged 8.26% and its Hong Kong-listed shares gained nearly 8%, driven by AI-fueled storage demand optimism and overnight strength in U.S. memory stocks. The rapid run-up accumulated significant short-term profit positions, triggering selling pressure on August 6.

At the sector level, the semiconductor industry weakened broadly. MONTAGE TECH fell 5.25%, ILUVATAR COREX dropped 4.25%, SMIC declined 3.68%, HUA HONG GRACE lost 3.18%, and BIREN TECH slid 2.69%, reflecting a clear sector-wide pullback. Additionally, the company's board is scheduled to review interim results on August 18, with market participants adopting a wait-and-see posture ahead of the earnings window.

(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.)