---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42764588.md"
description: "$BLACK SESAME(02533.HK) dropped by more than ten percent, and $GPIXEL(03277.HK) also fell by a bit over ten points.Smart driving SoCs and CMOS sensors are both small-cap design stocks. When liquidity in the Hong Kong stock market recedes, their declines are invariably amplified, which has little to do with fundamentals.The next batch of catalysts for domestic chip design—such as OEM design wins and new product tape-outs—are all scheduled for the second half of the year. With such a long empty window, how should one find the bottom for these recently listed small caps? I feel that if you can't find the bottom, don't bother looking; just wait for the right side."
datetime: "2026-07-17T10:28:35.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42764588.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42764588.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42764588.md)
author: "[安全边际](https://longbridge.com/en/profiles/28165352.md)"
---

# $BLACK SESAME(02533.HK) dropped by more than ten p…


### Related Stocks

- [02533.HK](https://longbridge.com/en/quote/02533.HK.md)
- [03277.HK](https://longbridge.com/en/quote/03277.HK.md)