On September 4, HUA HONG GRACE fell 3.42% in regular trading, trading at 115.5 HKD/share, with turnover of 7.02 billion HKD. The decline extends a multi-day pullback driven by investor concerns over the company's substantial capital expenditure plan.

The company recently disclosed a joint venture investment agreement to build a 12-inch wafer production line in Wuxi with a total investment of 41.7 billion USD, of which HUA HONG GRACE and its subsidiary will contribute approximately 21.27 billion USD in equity. A shareholder special meeting is scheduled for September 23 to approve the agreement, leaving execution uncertainty. Meanwhile, the company's first-half results showed revenue of 13.78 billion USD, up 24.5% year-over-year, with net profit surging 409%, yet the market remains focused on near-term financial strain from the massive buildout.

Within the Semiconductors sector, performance was mixed. Among peers, SMIC rose 0.22%, MONTAGE TECH gained 3.25%, GIGADEVICE edged up 0.09%, while ILUVATAR COREX fell 1.99% and BIREN TECH rose 2.61%, reflecting broader sector divergence that amplified the stock's downward pressure.

(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.)