On August 10, HUA HONG GRACE fell 3.05% in regular trading, trading at 136.9 HKD/share, with turnover of 1.209 billion HKD.

On the news front, the semiconductor sector weakened broadly, triggering sector-wide selling pressure. Among peers, ILUVATAR COREX fell 8.78%, GIGADEVICE fell 4.83%, BIREN TECH fell 3.65%, MONTAGE TECH fell 2.67%, and SMIC fell 1.72%, reflecting pronounced sector linkage.

HUA HONG GRACE had previously posted a cumulative gain of 12.77% last week during a sharp rebound from oversold levels, intensifying short-term profit-taking pressure. BOCI previously raised its target price for the company to 210 HKD from 152.4 HKD, citing its leadership in mature-node capacity expansion. The firm noted that pricing increases initiated in April are expected to deliver significant margin expansion, maintaining a Buy rating and signaling intact medium-to-long-term fundamentals.

(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.)