On June 1, Novosense fell 5.33% in regular trading, trading at HK$198.0/share, with trading volume of HK$46.87 million.

On the news front, the semiconductor sector extended its recent correction trend, with multiple peers declining in tandem. Within the sector, Montage Technology fell 5.0%, HUA HONG Semiconductor fell 4.28%, and Innoscience fell 3.66%, creating a broad sector drag effect. Industry analysts have previously noted that after sustained rallies, A-share semiconductor sector trading congestion has reached historical highs, posing short-term technical correction risks. Additionally, the National IC Fund has recently reduced holdings in multiple semiconductor companies, further suppressing market sentiment.

Novosense had previously seen its share price surge 49.15% during a shareholder reduction period, during which shareholders Guorun Ruiqi and Huiyue Chengzhang collectively sold approximately 2.2171 million shares representing 1.3634% of total share capital. The concentrated release of short-term profit-taking combined with the overall sector adjustment has formed sustained downward pressure on the stock.

(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.)