HK Stock Market Move | HUA HONG SEMI (01347) drops more than 4% again, according to reports, the U.S. has temporarily stopped supplying equipment to Hua Hong.

Hua Hong Semiconductor (01347) fell more than 4% again, dropping 4.63% to HKD 103.1 as of the time of writing, with a turnover of HKD 1.231 billion. On the news front, there have been recent reports that the United States last week requested several chip equipment companies to stop shipping to China's second largest chip manufacturer, Hua Hong Semiconductor. Chinese Foreign Ministry spokesperson Lin Jian responded to inquiries at a regular press conference, stating that China has repeatedly clarified its principles on the issue of US chip exports to China, and hopes that the US will take practical actions to maintain the stability and smooth operation of the global industry supply chain.