Hong Kong Stock Movement: HUA HONG SEMI fell 10.30%, with profit-taking and policy uncertainty delivering a double blow to market confidence

Hong Kong Stock Movement HUA HONG SEMI fell 10.30%. Based on recent key news: On February 2, HUA HONG SEMI experienced large transactions involving HKD 74.2 million, leading to increased stock price volatility. Large transactions typically indicate heightened market attention on the stock, which may result in short-term price fluctuations. On January 30, HUA HONG SEMI performed outstandingly in the Hang Seng Tech Index, with a monthly increase of 56.80%, but recent market adjustments have caused the stock price to retreat. The previous strong performance may have triggered profit-taking, leading to a decline in stock price. On January 30, the chip industry faces challenges in the coordinated development of government and market, affecting investor confidence. Observers note that China's chip industry is still exploring the path of government-market coordination, and this uncertainty may impact investor confidence in related stocks. Changes in chip industry policies affect market confidence. Stocks with High Trading Volume in the Industry SMIC fell 4.84%. Based on recent news, On January 30, SMIC saw two large transactions with a total amount exceeding HKD 20 million. Large transactions typically indicate significant buying and selling actions by institutional investors, which may lead to stock price fluctuations. The trading price ranged between HKD 75.00 and HKD 75.50, with a total trading volume of 1.0655 million shares, involving HKD 80.1582 million. On January 29, the market expressed concerns about the overall outlook for the semiconductor industry. Due to a global economic slowdown, expectations for semiconductor demand have decreased, leading to a general decline in related stocks. On January 28, analysts downgraded SMIC's earnings expectations. Several brokerages indicated that due to intensified market competition and rising costs, SMIC's profitability may be affected. The semiconductor industry faces risks of declining demand. Junda Co., Ltd. rose 4.89%. Based on recent key news: On February 2, the head of JinkoSolar analyzed the challenges and advantages of space photovoltaic technology, highlighting its significant impact on technical stability and material reliability. The extreme temperature shocks and high-energy radiation in space can affect battery structures, potentially impacting photoelectric conversion efficiency. This analysis may spark market interest in related technologies, driving up Junda Co., Ltd.'s stock price. Source: Science and Technology Innovation Board Daily On February 1, Shanghai Petrochemical Co., Ltd. announced its Q3 2025 performance, showing a year-on-year decline in revenue but a quarter-on-quarter turnaround in net profit. The company flexibly adjusted its refined oil structure, slightly repairing its gross profit. This performance may enhance market confidence, indirectly affecting Junda Co., Ltd.'s stock price. Source: Zhitong Finance On February 2, Galaxy Securities predicted that space photovoltaic technology will gradually commercialize over the next 10 to 15 years, and as the cost of commercial space launches decreases and battery technology breakthroughs occur, market expectations for related technologies may drive up Junda Co., Ltd.'s stock price. Source: Science and Technology Innovation Board Daily Industry technological breakthroughs, market expectations rise GigaDevice fell 8.30%. Based on recent news, On January 29, Jiangbolong released a performance forecast, expecting a significant increase in net profit in 2025, which will drive the overall expectations for the storage industry upward. Jiangbolong's performance increase has sparked optimistic sentiment in the market regarding the storage industry, but the stock price of Zhaoyi Innovation has declined, possibly due to market concerns about its future profitability; Recently, the price increase trend in the storage industry has led to performance increases for several companies. Although the overall industry outlook is positive, Zhaoyi Innovation's stock price performance has been poor, indicating a cautious attitude from investors regarding its short-term performance; Fund flow data shows that Zhaoyi Innovation's trading volume reached HKD 237 million, indicating active trading, but the stock price has fallen, suggesting a divergence in market expectations for its future trend. The outlook for the storage industry is positive, with significant capital inflows. Stocks ranked at the top of the industry by market capitalization Omnivision Technologies, down 0.29%, with a market capitalization of HKD 131.2 billion, has had no significant news recently. The trading is active, and fund flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation