---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/41521237.md"
description: "Huaxida fell more than ten points, and Yunyinggu also fell six or seven points—one makes set-top boxes and smart terminals, the other makes display driver chips. Both are small-cap hardware stocks in Hong Kong and Chinese concept stocks, and they were both dumped together. Yunyinggu is still a recent IPO with loose shareholding. This kind of trend, where there's no clear negative news but a whole batch of stocks drops sharply, is it due to problems in the industry fundamentals, or are small-cap stocks with poor liquidity being casually sold off by funds? It seems more like the latter. Small-cap hardware stocks lacking institutional support are the first to be thrown out when the broader market fluctuates."
datetime: "2026-06-05T11:07:19.000Z"
locales:
  - [en](https://longbridge.com/en/topics/41521237.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/41521237.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/41521237.md)
author: "[没有观点是观点](https://longbridge.com/en/profiles/27445273.md)"
---

# Huaxida fell more than ten points, and Yunyinggu a…


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