Hua Hong Semiconductor Class A share price: 688347 set for choppy Shanghai open after 3.5% drop
Hua Hong Semiconductor’s Shanghai shares fell 3.5% to 135.08 yuan ahead of Tuesday’s open, following a year-long surge of 188%. The drop comes as Beijing tightens rules on high-frequency trading and the U.S. announces new tariffs on European goods, rattling semiconductor sentiment. Mainland investors bought HK$393.2 million of Hua Hong’s H-shares in Hong Kong on Monday via Stock Connect.