On September 14, HUA HONG GRACE fell 3.04% in regular trading, trading at HKD 107.7/share, with turnover of HKD 130 million.

On the news front, the company recently completed the registration of 190,768,392 new A-shares issued to acquire 97.4988% equity in Shanghai Huali Microelectronics, with total consideration of approximately RMB 8.27 billion. The shares were issued at RMB 43.34 each, representing a discount of roughly 80% to the prevailing A-share market price. Following the issuance, the company's A-share count rose from 407.75 million to 598.52 million, while total shares outstanding across both A and H shares increased to approximately 1.93 billion. The substantial share capital dilution is pressuring earnings per share in the near term.

The broader semiconductor sector also traded lower, with SMIC down 2.45%, GIGADEVICE down 4.38%, MONTAGE TECH down 4.42%, BIREN TECH down 6.94%, and ILUVATAR COREX down 5.91%, compounding sector-wide selling pressure.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)