Movement Alert|InnoScience Rises 3.6% in Regular Trading, Semiconductor Sector Strength and Oversold Rebound Drive Recovery

Market Focus
05/22

On May 22, InnoScience rose 3.6% in regular trading, trading at 67.55 HKD/share, with trading volume of approximately 90.05 million HKD.

On the news front, the semiconductor sector demonstrated broad-based strength, with GigaDevice up 4.64% and Montage Technology up 4.03%, creating a sector linkage effect that lifted InnoScience in an oversold rebound. The stock had previously undergone sustained correction from its May 15 highs following concerns over supply pressure from the H-share full circulation approval, which permits approximately 374 million shares to be listed and traded, combined with profit-taking after significant gains on May 13 (over 20%) and May 14 (over 7%).

On the fundamental side, the company maintains its unique position as the only Chinese domestic enterprise on NVIDIA's 800V high-voltage DC architecture supplier list. Core investment theses including the power semiconductor price upcycle and incremental GaN demand from NVIDIA's 800V HVDC architecture remain intact, providing support for share price recovery.

(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.)

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