On July 3, Hua Hong Grace fell 3.33% in regular trading, trading at HK$183.4/share, with turnover of HK$1.725 billion.

The decline extends the previous session's broad semiconductor sector sell-off. On July 2, Hong Kong-listed semiconductor stocks experienced heavy selling, with Hua Hong Grace dropping over 11%, GigaDevice falling over 10%, and SMIC declining over 9%. Southbound capital net sold HK$1.72 billion worth of Hua Hong Grace on July 2, making it the most heavily sold stock by mainland investors that day.

The stock had previously rallied sharply following approval of its acquisition of 97.5% of Shanghai Huali Microelectronics for RMB 8.27 billion and strengthening expectations of wafer foundry price hikes, with TSMC reportedly raising advanced process pricing by 5%-10%. Having accumulated substantial gains, the stock is now in a concentrated profit-taking phase, with main capital net outflows of RMB 1.2 billion recorded on July 1.

(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.)