Movement Alert|DELTON Falls 3.77% in Regular Trading, Electronic Components Sector Broadly Weak Amid Institutional Selling

Market Focus
Aug 24

On August 24, DELTON fell 3.77% in regular trading, trading at 124.3 HKD/share, with turnover of approximately 6.99 million HKD.

On the news front, the electronic components sector came under broad-based selling pressure, with KB Laminates down 4.83%, Kingboard Holdings down 3.46%, Shenghong Technology down 2.23%, and Sunny Optical down 2.02%. Additionally, Fuguo Fund Management reduced its holdings in DELTON by 141,700 shares on August 18 at an average price of approximately 137.05 HKD per share, lowering its stake from 7.17% to 6.87%, which weighed on market sentiment.

Fundamentally, the company reported strong first-half results with revenue of 4.388 billion yuan, up 80.98% year-over-year, and net profit of 956 million yuan, up 94.39%, driven by robust AI computing demand. Computing-scenario PCB revenue accounted for 83.6% of total sales. Morgan Stanley recently increased its stake to 5.07%, reflecting mixed institutional positioning.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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