On June 1, InnoScience fell 3.03% in regular trading, trading at 68.3 HKD/share, with trading volume of approximately 217 million HKD.

The decline was driven by dual headwinds: persistent selling pressure from H-share full circulation unlock and broad semiconductor sector weakness. The company previously received approval from the Hong Kong Stock Exchange for approximately 374 million domestic shares to be converted and listed as H-shares, while STMicroelectronics' approximately 12.59 million cornerstone shares are set to unlock on June 29, further intensifying market concerns over near-term supply overhang. Early private equity shareholders hold positions at costs around 22 HKD, maintaining substantial unrealized gains at current levels, which fuels expectations of gradual position reduction.

The semiconductor sector broadly declined on the same day, with HUA HONG SEMI down 3.78%, SMIC down 1.84%, and MONTAGE TECH down 2.25%. InnoScience's decline moved largely in line with the sector, reflecting a convergence of stock-specific unlock pressure and industry-wide weakness.

(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.)