On September 25, ILUVATAR COREX fell 3.61% in regular trading, trading at HK$122.4/share, with turnover of HK$2.88 million.

On the news front, the company completed a capitalization issuance on September 22, distributing two new shares for every existing share held, adding approximately 520 million shares and expanding total share capital to 808 million. The newly issued shares commenced trading on September 23, triggering consecutive sell-offs — the stock fell 8.75% on September 23, over 4% on September 24, and continues to decline as the market digests the sharply expanded free float. Short-term supply pressure from the tripled share base remains the dominant overhang.

Meanwhile, the semiconductor sector extended its weakness, with SMIC down 2.27%, BIREN TECH down 4.02%, HUA HONG GRACE down 1.45%, and INNOSCIENCE down 1.61%, amplifying downward pressure through sector-wide correlation. Analysts have also noted that the company's first-half turnaround to profitability was primarily driven by RMB 760 million in fair value gains rather than core operating performance, adding to investor caution.

(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.)