On July 10, NOVOSENSE (02676.HK) fell 5.49% in regular trading, trading at HKD 187.9/share, with turnover of HKD 43.11 million.

The semiconductor sector faced broad selling pressure, with peer stocks declining sharply — GigaDevice down 14.46%, Iluvatar CoreX down 16.93%, Montage Technology down 6.88%, SMIC down 2.27%, and Hua Hong down 1.83%.

Additionally, the company previously announced that 881,814 restricted shares from the fourth vesting period of its 2022 equity incentive plan will be listed for trading on July 15, representing approximately 0.54% of total share capital prior to vesting. The approaching unlock date may have intensified short-term selling pressure. The company also reported a net loss attributable to shareholders of approximately RMB 35.74 million for Q1. Following a rebound of over 5% in the prior trading session, profit-taking sentiment combined with sector-wide weakness and the imminent share unlock contributed to the decline.

(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.)