🟢 GIGADEVICE is trading 5% up today after exceptional first-half results

GIGADEVICE is trading 5.05% up now at HK$494.80 following exceptionally strong first-half results.

• The stock sharply rebounded from its August 24 close of HK$471.00.
• Revenue rose 178.67% year over year and attributable net profit increased 1,091.50%; GIGADEVICE repurchased approximately RMB198 million of A-shares on August 24.
• Semiconductor-sector weakness remains a countervailing risk.