On July 6, Hua Hong Grace fell 3.31% in regular trading, trading at 175.8 HKD/share, with turnover of HKD 1.284 billion. The decline extends the selling pressure following last week's broad semiconductor sector rout.

The stock had previously surged on the back of regulatory approval for its acquisition of Shanghai Huali Microelectronics (97.5% stake for RMB 8.27 billion) and rising wafer foundry pricing expectations. Having accumulated significant gains, the stock has entered a concentrated profit-taking phase. On the capital flow front, southbound funds continued heavy net selling last week, with approximately HKD 9.97 billion in single-day net outflows on July 3, following HKD 17.2 billion net sold on July 2 — making it one of the most aggressively dumped stocks by mainland investors.

Despite the semiconductor sector leading gains at the Hong Kong open on July 6, Hua Hong Grace diverged to the downside as short-term holders continued to lock in profits from the prior rally driven by capacity expansion catalysts and AI-related demand themes.

(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.)