Hong Kong Stock Movement: HUA HONG SEMI fell 12.45%, large transactions and profit-taking triggered market selling pressure

Hong Kong Stock Movement HUA HONG SEMI fell 12.45%. Based on recent news, On February 2, HUA HONG SEMI saw three large transactions, with a total amount exceeding HKD 74.2 million. These large transactions may trigger selling pressure on the stock, leading to a price decline. On January 30, HUA HONG SEMI performed best in the Hang Seng Tech Index, with a monthly increase of 56.80%. However, the rapid rise in the short term may lead some investors to take profits, resulting in a price correction. On January 30, the overall performance of the Hang Seng Tech Index was volatile. Although HUA HONG SEMI performed outstandingly, the overall market sentiment was unstable, which may negatively impact its stock price. The Hang Seng Tech Index has been fluctuating significantly recently, and investors should be cautious. Stocks with High Trading Volume in the Industry SMIC fell 4.64%. Based on recent news, On February 2, SMIC had a large transaction with a transaction amount exceeding HKD 40.9338 million, and the stock price fell to HKD 71.50, indicating increased selling pressure on the stock. On January 30, SMIC had two large transactions, with a total transaction amount exceeding HKD 80.1582 million, and the stock price fluctuated between HKD 75.00 and HKD 75.50, indicating increased selling pressure on the stock. No other significant news recently. The market holds a cautious attitude towards the semiconductor industry's prospects. Junda Co., Ltd. rose 1.56%. 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 temperatures and high-energy radiation in space affect the battery structure, leading to a decline in photoelectric conversion efficiency. This analysis emphasizes the potential market opportunities for space photovoltaic applications, which may drive up the stock prices of related companies. Source: KeChuangBan Daily On February 1, Shanghai Petrochemical Company announced its Q3 2025 performance. Although revenue decreased year-on-year, net profit increased significantly. The company flexibly adjusted its refined oil structure, slightly repairing gross profit, and the ethylene upgrade project is progressing smoothly, expected to be put into production in 2028. This performance report may boost market confidence and impact stock prices. Source: Zhitong Finance On February 2, Galaxy Securities predicted that space photovoltaic technology will gradually commercialize in the next 10 to 15 years, with optimistic industry prospects as commercial space launch costs decrease and battery technology breakthroughs occur. This prediction may attract investor attention to related companies, driving up stock prices. Source: KeChuangBan Daily, industry technology breakthroughs, optimistic market prospects. GigaDevice fell over 10%. Based on recent news, On January 29, Jiangbo Long released a performance forecast, expecting a significant increase in net profit in 2025, boosting overall expectations for the storage industry. Jiangbo Long's performance increase triggered optimistic sentiment in the storage industry, but GigaDevice's stock price fell, possibly due to investor concerns about its future profitability On January 28th, the market had mixed reactions to the price increase trend in the storage industry. Some companies benefited significantly, but Zhaoyi Innovation failed to profit from it. Despite the overall positive expectations for the industry, Zhaoyi Innovation's stock price performed poorly, indicating market doubts about its competitiveness; On January 27th, analysts held a cautious attitude towards Zhaoyi Innovation's earnings forecast, expecting its earnings growth in the coming quarters to be lower than its peers. The analysts' cautious stance intensified market concerns about Zhaoyi Innovation, leading to a decline in its stock price. Overall expectations for the storage industry are positive, but risks remain. Stocks ranked among the top in industry market capitalization Omnivision Technologies, down 0.29%, with a market capitalization of HKD 131.2 billion, and no significant news recently. The trading is active, with clear capital flows. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation