On August 4, INNOSCIENCE rose 5.17% in regular trading, trading at HK$42.66/share, with turnover of HK$137 million. The stock was lifted by a broad-based rally across the semiconductor sector.

Within the Semiconductors sector, multiple peers posted significant gains: ILUVATAR COREX up 12.56%, GIGADEVICE up 7.16%, HUA HONG GRACE up 6.94%, MONTAGE TECH up 6.83%, and SMIC up 5.55%, reflecting a pronounced sector linkage effect. Previously, Soochow Securities initiated coverage on INNOSCIENCE with a Buy rating and a target price of HK$96.90, citing the company's 8-inch GaN-on-Si mass production platform advantages and long-term growth potential in AI power supply and automotive electronics. Additionally, the accelerating penetration of gallium nitride technology in data center power applications and the company's ongoing capacity expansion at its Suzhou factory provide medium-term support.

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