Hong Kong stocks fluctuate | Chip stocks edge lower in the afternoon with SMIC (00981.HK) to announce earnings on Thursday, institutions say Hua Hong (01347.HK) valuation has become too high.

Zhitong Finance APP learned that chip stocks fell in the afternoon. As of the time of writing, SMIC (01347.HK) fell by 4.29% to 74.75 Hong Kong dollars; SMIC (00981) fell by 3.41% to 72.15 Hong Kong dollars; Contron (01912) fell by 1.41% to 0.07 Hong Kong dollars; and Shanghai Fudan (01385) fell by 0.75% to 39.96 Hong Kong dollars.