On June 8, SMIC declined 3.37% in regular trading, trading at 72.75 HKD/share, with trading volume of 14.92 billion HKD. The stock continued its downward momentum following a 7.18% plunge in the previous session.

On the news front, the National Integrated Circuit Industry Investment Fund (Big Fund) had previously reduced its long position ratio in SMIC H-shares below 8%, while also trimming holdings in multiple semiconductor names including Shanghai Silicon Industry and Debond Technology. Southbound capital recorded net selling of nearly 28 billion HKD in SMIC last week, amplifying bearish sentiment.

The broader semiconductor sector remained under significant pressure, with Innoscience down 5.10%, HUA HONG SEMI down 5.23%, GIGADEVICE down 4.08%, and MONTAGE TECH down 4.50%, reflecting a clear sector-wide contagion effect. The continued institutional de-risking combined with sector rotation away from chip stocks has sustained downward pressure on SMIC shares.

(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.)