Novosense's stock soared 6.86% intraday, driven by a broad-based rally in the semiconductor sector and positive company-specific catalysts.

The semiconductor sector staged a strong rebound during the trading session, with major peers such as HUA HONG SEMI, SMIC, and GIGADEVICE posting significant gains, creating a sector-wide resonance effect that lifted Novosense alongside its peers.

Fundamentally, the semiconductor industry price hike wave has recently spread to the power management IC segment, which is a core business area for Novosense. Additionally, the company's shareholder meeting previously approved a general authorization for H-share repurchases, a move typically viewed as a signal that management considers the current share price undervalued.