Hong Kong Chip Stocks Fall Sharply Afternoon, Zhaoxin Down 15%, Biren Over 18%

According to Gate data, Hong Kong chip sector stocks declined sharply on July 2 afternoon, with Biren Technology (06082.HK) down over 18% and Zhaoxin Innovation (03986.HK) down over 15%. Other major chip stocks including China Integrated Circuit Engineering Corporation (00981.HK), Innochips Technology (02577.HK), and Jasmine Semiconductor (02878.HK) also declined in tandem.
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