Movement Alert|CFMEE Falls 3.18% in Regular Trading, Semiconductor Equipment Sector Broadly Weak After Prior Session Surge

Market Focus
Sep 08

On September 8, CFMEE fell 3.18% in regular trading, trading at 345.8 HKD/share, with turnover of approximately 26.90 million HKD. The pullback followed a sharp 9.14% rally in the prior session, which was fueled by the company's strong first-half results showing revenue of 1.106 billion yuan, up 68.95% year-over-year, and net profit of 281 million yuan, up 98.13% year-over-year. Q2 net profit rose 59% quarter-over-quarter, with gross margin improving to 42.5%.

The broader semiconductor equipment sector traded lower on the day, with ASMPT down 0.72%, GCL Tech down 1.36%, SICC down 0.9%, Xinyi Solar down 0.92%, and Epiworld down 2.27%, reflecting sector-wide selling pressure. The intraday retreat appears consistent with short-term profit-taking following the prior session's strong gains, amid a generally soft sector backdrop.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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