On September 24, HUA HONG GRACE fell 3.24% in regular trading, trading at 110.9 HKD/share, with turnover of HKD 188 million. The semiconductor sector came under broad-based selling pressure, with the stock weighed down by a combination of industry-wide weakness and an unusually high short-selling ratio.

On the news front, HKEX short-selling data from September 22 showed that HUA HONG GRACE recorded a short-selling amount of HKD 527 million, ranking first among all semiconductor stocks, with a short-selling ratio of 18.1% — also the highest in the industry. The short-selling ratio deviation stood at 13.64%, indicating a notable increase relative to the 30-day average. Sector peers declined in tandem, with SMIC down 1.41%, ILUVATAR COREX down 4.01%, GIGADEVICE down 3.91%, MONTAGE TECH down 1.44%, and BIREN TECH down 2.54%.

HUA HONG GRACE is a leading specialty-process foundry focused on embedded non-volatile memory, analog and power management, and discrete power devices. The company recently completed its acquisition of 97.5% of Huali Microelectronics and was formally included as a Hang Seng Index constituent in early September.

(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.)