GigaDevice Semiconductor is trading 3.2% up today at CNY 445.99 as bargain hunting follows a company clarification regarding its recent share price volatility.
- The company issued an official abnormal fluctuation notice, stating that operations are normal and there are no undisclosed material events behind the recent 20%+ drop.
- A broader sector rebound is further encouraging investors to buy the dip after a five-session plunge triggered intense investor scrutiny.