On August 4, SHANGHAI FUDAN rose 5.63% in regular trading, trading at 25.58 HKD/share, with turnover of 61.73 million HKD.

On the news front, the company announced on August 3 that its board of directors will convene on August 17 to review and approve the unaudited interim results for the six months ended June 30 and consider an interim dividend proposal. The announcement comes on the heels of a profit alert issued in early July, in which the company forecast H1 attributable net profit of RMB 800 million to RMB 1 billion, representing a year-over-year increase of approximately 313% to 416%, with revenue expected at RMB 2.2 billion to RMB 2.4 billion, up 20% to 31%. The company attributed growth to industry recovery, higher downstream demand, new product launches, and improved product mix.

Additionally, Morgan Stanley increased its H-share holdings by approximately 470,000 shares at around 25.60 HKD per share in mid-July, while HSBC added 167,000 shares at 28.52 HKD, signaling strengthening institutional interest. The broader semiconductor sector rallied today, with ILUVATAR COREX up 12.7%, GIGADEVICE up 7.3%, and HUA HONG GRACE up 6.7%.

(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.)