On August 10, NEXCHIP fell 3.05% in regular trading, trading at 31.74 HKD/share, with turnover of approximately 21.04 million HKD.

On the news front, the semiconductor sector experienced broad-based weakness, with sector peers ILUVATAR COREX down 8.86%, GIGADEVICE down 4.83%, MONTAGE TECH down 2.82%, HUA HONG GRACE down 2.41%, and SMIC down 1.94%, creating systematic sector drag on the stock.

Additionally, the company previously announced that 10,886,900 over-allotment H shares, issued at 32.30 HKD per share with estimated net proceeds of approximately 345 million HKD, will begin trading on the Hong Kong Stock Exchange on August 11. The imminent listing of these additional shares is exerting short-term supply pressure on market sentiment. Furthermore, the global offering price stabilization period concluded on August 6, removing the price support mechanism and amplifying stock volatility.

(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.)