GigaDevice Semiconductor is trading at CNY 403.71, down -7.56%, amid a broad Chinese semiconductor-sector selloff.
- Major chip stocks also declined sharply as investors rotated out of semiconductor shares amid profit-taking, elevated bond yields and concerns about high technology valuations.
- The decline came despite strong H1 results, including CNY 11.57 billion revenue and CNY 6.86 billion net profit.
- Evidence points to sector pressure rather than a negative company-specific announcement.