SENASIC

Senasic opened slightly lower at HK$22.600, barely changed from the previous close of HK$22.500, but quickly reversed course to hit an intraday high of HK$24.280, gaining as much as 7.9% and closing at that level. The rally appears linked to lingering positive sentiment from the company's recent Brillion GPU milestone, which had previously driven a 72% surge on its debut day. However, the stock remains 46.61% below its 52-week high of HK$45.480 (2026-06-17) and well below the 20-day moving average of HK$30.660, with a year-to-date decline of 41.77%. The company's total market value stands at approximately HK$9.27 billion, with a negative price-to-book ratio of -5.63, reflecting ongoing losses.

SENASIC (6675.HK) gapped down and fell 6.05% to HK$19.71 in the morning session, hitting a record low, primarily due to selling pressure from the partial exercise of the greenshoe option after the stabilization period ended. The stock opened at HK$21.30, briefly rallied to a session high of HK$21.40, then slid steadily to the low of HK$19.71 on thin volume of 35,200 shares (turnover rate 0.01%). As China's largest automotive wireless sensing SoC company, SENASIC surged 72% on its debut but has since retreated significantly; the current price is 56.66% below its 52-week high of HK$45.48, down 52.73% YTD, and substantially below the 20-day moving average of HK$30.859, indicating deeply bearish price positioning. Though the company recently announced a Brillion GPU Day0 adaptation milestone that briefly lifted the stock, the overall trend remains pressured.

Senasic slumped 13.6% today as the end of the stabilization period and partial exercise of the greenshoe option triggered selling pressure. The stock hit an intraday low of HK$20.84, a new record low since listing, and extended its decline from the IPO first-day peak of HK$45.48 on June 17, now 53.9% below that high. The share price has broken below both the 20-day and 60-day moving averages (both around HK$31.52), and has lost 49.7% year-to-date. However, the company remains China's largest automotive wireless SoC supplier, and a brief bounce to HK$23.94 in the morning session suggested some bottom-fishing interest.

SENASIC (6675.HK) opened over 5% lower in the morning session and extended losses to an intraday low of HK$22.620, before closing at HK$23.020, down 5.66% from the previous close of HK$24.400. This continued the recent bearish sentiment, with the stock now 49.38% below its 52-week high of HK$45.480, well below the 20-day moving average of HK$32.114, and logging a YTD decline of 44.8%. Persistent concerns over mobile supply chain weakness and a lack of fresh catalysts drove the selloff, though the company's status as China's largest automotive wireless sensing SoC supplier and its GPU Day0 adaptation milestone provided some counterbalance.

6675.HK opened lower in the morning session, plunging as much as 14.3% to an intraday low of HK$21.92, a new 52-week low, before paring losses to close at HK$23.08, down 7.7% from the prior close. The decline was primarily attributed to continued post-IPO profit-taking amid a lack of near-term catalysts. Since listing at a high of HK$45.48 on June 17, the stock has dropped 44.65% YTD and remains well below its 20-day moving average of HK$32.632, signaling persistent technical weakness. Recent news has been mixed: the Shougang-backed IPO soared 72% on Day 1, but was followed by a sharp 10% drop on mobile supply chain headwinds, and a more than 5% bounce on a Brillion GPU milestone. However, today's trading volume was thin at 135,400 shares (turnover rate 0.04%), suggesting that the move may be amplified by low liquidity.