On August 12, ILUVATAR COREX rose 3.66% in regular trading, trading at 429.2 HKD/share, with turnover of approximately HKD 188 million. The gain came as the semiconductor sector staged a broad technical rebound following two consecutive days of heavy collective selling on August 10 and 11.

The sector-wide recovery was evident, with Biren Tech up 5.3%, Montage Tech up 4.64%, Hua Hong Grace up 3.0%, GigaDevice up 2.96%, and SMIC up 1.91%, demonstrating clear sector linkage. ILUVATAR COREX had previously underperformed the broader sector, declining over 6% across the prior two sessions due to the combined pressure of a roughly 15%-discounted HKD 7 billion share placement completed in mid-July — which added 14.857 million new H shares — and impending third-quarter cornerstone investor lock-up expiries. The current rebound appears driven by oversold technical conditions and broader sector sentiment recovery rather than company-specific catalysts.

(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.)