On July 10, Shanghai Fudan Microelectronics rose 5.68% in regular trading, reaching HKD 34.1 per share with turnover of HKD 225 million. The stock stabilized and rebounded following the previous session's over 5% decline driven by profit-taking pressure.

The company issued a positive profit alert on July 7, forecasting H1 attributable net profit of RMB 800 million to 1 billion, representing a YoY increase of 313% to 416%. Revenue is expected at RMB 2.2-2.4 billion, up 20%-31% YoY, driven by stronger performance across its IC design business amid industry recovery and higher downstream demand. The market noted that approximately RMB 470 million in fair value gains from its strategic holding in Shenhe Jingwei Semiconductor contributed significantly, with recurring net profit at RMB 350-450 million, up 92%-147% YoY. After an initial surge exceeding 10% on July 8, profit-taking on July 9 triggered a pullback. Today's rebound was supported by a broadly positive semiconductor sector, with HUA HONG GRACE up 3.87% and SMIC up 1.74%.

(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.)