On the afternoon of July 3rd, the semiconductor materials industry exhibited a lackluster performance, with trading volume soaring to 111.586 billion yuan and a gain-to-loss ratio of 1:6. Notably, only one stock soared to its daily limit, while two stocks plummeted to their lower limits. Shennan Circuits, in particular, skyrocketed to the daily limit, buoyed by robust fundamentals in its package substrate business. The industry's current adjustment can be primarily attributed to the existing capital's efforts to digest valuations, with no substantial negative factors at play.
