On June 2, Innoscience fell 3.56% in regular trading, trading at 65.15 HKD/share, with trading volume of 152 million HKD.

On the news front, the decline is primarily driven by persistent concerns over H-share full circulation unlock pressure and broader semiconductor sector weakness. The company previously received approval from the Hong Kong Stock Exchange for approximately 374 million domestic shares to be converted into H-shares for listed trading. Early-stage private equity shareholders hold these shares at a cost of approximately 22 HKD, maintaining significant unrealized gains at current levels, fueling market fears of gradual position unwinding by financial investors.

Additionally, approximately 12.59 million cornerstone shares held by STMicroelectronics are set to unlock on June 29, with the approaching date further weighing on market sentiment. At the industry level, the semiconductor sector is broadly under pressure, with HUA HONG SEMI down 2.3%, MONTAGE TECH down 2.36%, GIGADEVICE down 3.6%, and BIREN TECH down 3.98%, indicating that individual stock unlock pressure and sector-wide weakness are reinforcing each other.

(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.)