On October 23, 2025, the Hong Kong-listed chip stocks collectively exhibited volatility and ended up in a downward trend. Notably, Huahong Semiconductor witnessed a drop of over 6%, while Shanghai Fudan saw a decline exceeding 5%. Other individual stocks, including SMIC, Hongguang Semiconductor, and Solomon Systech, also succumbed to the overall bearish sentiment and followed suit with decreases.
