On August 13, ILUVATAR COREX rose 3.84% in regular trading, trading at 431.0 HKD/share, with turnover of 65.28 million HKD.
On the news front, the semiconductor sector continued its rebound following a collective sharp selloff on August 10 and 11. Within the sector, Montage Tech rose 4.59%, Hua Hong Grace rose 3.92%, GigaDevice rose 4.08%, SMIC rose 3.04%, and Biren Tech rose 1.69%, with strong sector-wide linkage effects.
The company had previously been under sustained pressure after completing a roughly 15% discounted placement of approximately 7.03 billion HKD in mid-July, issuing 14.857 million new H shares at 476 HKD per share. This supply-side overhang, combined with approaching third-quarter cornerstone investor lock-up expiry, weighed on the stock, which had pulled back significantly from its highs before the current technical rebound.
(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.)