On August 6, CFMEE fell 3.09% in regular trading, trading at 373.0 HKD/share, with turnover of HKD 37.12 million. The semiconductor equipment sector came under broad pressure, with ASMPT down 3.44%, Xinyi Solar down 1.89%, and GCL Tech down 0.72%.
On the news front, Norwegian sovereign fund Norges Bank has been continuously reducing its holdings in the company's H-shares, selling 113,100 shares on July 24 at approximately HKD 303.91 per share, bringing its stake down to 8.61%. Additionally, the company's A-shares saw a bulk transaction on July 31 at a steep 26.21% discount to the closing price, signaling pronounced institutional selling pressure.
The stock had surged over 12% in the prior trading session, and short-term profit-taking appetite has intensified. The combination of weakening sector sentiment and sustained institutional reductions has amplified the pullback pressure on the stock.
(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.)