On May 29, Shanghai Fudan (01385.HK) fell 5.35% in regular trading, trading at 33.54 HKD/share with trading volume of approximately 68.75 million HKD. This marks the second consecutive session of over 5% decline, following a 5.09% drop on May 28.

The sustained selling pressure coincides with significant shareholder-level changes. A recent disclosure revealed that shareholders Shanghai Zhengben and its concert party Shanghai Nianjin saw their combined stake fall below 5% due to reductions, passive dilution, and judicial disposal of shares. Separately, the company's first major shareholder transition is underway, with Guosheng Investment set to acquire a 12.96% stake from Fuxin Fangao via agreement transfer. A-share data also showed net main capital outflows of 87.73 million yuan on May 26, reflecting persistent institutional selling.

Within the Semiconductors sector, performance was mixed, with Biren Tech up 16.06%, Hua Hong Semi up 1.65%, while SMIC fell 2.15% and Montage Tech fell 5.41%.

(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.)