Global Storage Sector Closing Recap, February 11

On February 11, the global storage sector generally retreated, with A-shares, Hong Kong stocks, and South Korean stocks closing slightly lower, while US storage stocks saw a significant decline. Overall, this was a normal pullback after a sharp rise.

In the A-share market, Montage Technology closed at RMB 169.90, down 4.28%; GigaDevice closed at RMB 284.59, down 1.83%; Jiangbolong closed at RMB 284.14, down 1.47%; and Biyun Storage closed at RMB 159.00, down 1.25%. In the Hong Kong stock market, Montage Technology closed at HKD 174.50, down 1.52%.

In the South Korean stock market, Samsung Electronics fell 0.8%, and SK Hynix fell 1.2%. In the US market (closing on February 10), Western Digital fell 8.65%, Seagate Technology fell 6.77%, SanDisk fell 7.16%, and Micron Technology fell 2.67%.