Hong Kong stock anomaly | SMIC (01347.HK) falls again by more than 4%, gross profit margin and future guidance better than expected, institutions say valuation is too high.

According to the Securities Times app, Huahong Semiconductor (01347.HK) fell by over 4% again, decreasing by 4.58% to HK$71.8 as of the submission of this article, with a trading volume of HK$2.197 billion.