On July 2, SG Micro (03661) declined 3.62% in regular trading, trading at 118.0 HKD/share, with turnover of approximately HK$40.50 million.

On the news front, the semiconductor sector faced broad-based selling pressure, dragging down individual constituents across the board. Within the sector, SMIC fell 7.27%, HUA HONG GRACE dropped 7.25%, GIGADEVICE declined 9.34%, ILUVATAR COREX slid 11.98%, and MONTAGE TECH lost 7.45%, reflecting significant sector-wide weakness.

Additionally, SG Micro's AH-share premium deviation value has remained persistently negative, indicating that H-share short-term valuation continues to face downward pressure relative to its 30-day average. On July 1, the stock recorded a large position transfer totaling HK$1.2 billion, representing 18.97% of shares, with 4.49 million shares transferred into HSBC and 2.18 million shares transferred out of CICC Hong Kong Securities. Institutional fund rebalancing activity may further amplify near-term volatility.

(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.)