Hua Hong Semiconductor Shares Plunge Over 10% in Late Trading, Narrow Losses to Near 9%

Hua Hong Semiconductor shares weakened in late Hong Kong trading, falling more than 10% at one point before paring losses slightly. The stock was last down nearly 9%, with the decline narrowing from its intraday low in the final stretch of the session. The late-session weakness marked a sharp move for the Hong Kong-listed stock, as the selloff eased modestly before the close.