Hong Kong stock market anomaly | Zhaoxin Innovation (03986.HK) fell more than 6% in the afternoon, China Life Asset Management concentrated on selling Zhaoxin Innovation to cash out a total of 680 million yuan.

date
22/07/2026
As reported by the Securities Times app, SMIC (03986.HK) fell more than 6% in the afternoon, hitting a low of 574.5 Hong Kong dollars, which is half of the previous month's high of 1248 Hong Kong dollars. As of the time of publication, it has dropped by 5.86% to 578 Hong Kong dollars, with a trading volume of 3.802 billion Hong Kong dollars.