Movement Alert|NEXCHIP Rises 3.33% in Regular Trading, Semiconductor Sector Rebounds as Multiple Institutions Increase Holdings

Market Focus
Aug 04

On August 4, NEXCHIP rose 3.33% in regular trading, trading at 29.1 HKD/share, with turnover of approximately HK$2.706 million.

On the news front, the semiconductor sector staged a collective rebound following the previous session's adjustment. Within the sector, ILUVATAR COREX rose 9.06%, GIGADEVICE rose 6.92%, HUA HONG GRACE rose 6.86%, MONTAGE TECH rose 4.18%, and SMIC rose 2.81%, indicating a broad-based sector recovery that lifted individual stocks.

On the capital flow side, multiple institutions have recently increased their holdings in NEXCHIP H shares. China International Capital Corporation purchased approximately 3.91 million shares at around HK$28.44 per share on August 3. Earlier, GIC Private Limited acquired 712,500 shares at approximately HK$30.12 per share on July 28, raising its stake to 5.30%. Additionally, Huaqin Technology subsidiary has progressively built its position to approximately 10.62% of total issued share capital. Sustained institutional inflows have provided underlying support for the stock price.

(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.)

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