Movement Alert|CCTC Rises 3.04% in Regular Trading, Electronic Components Sector Recovery and Upcoming Mid-Term Results Boost Sentiment

Market Focus
Yesterday

On August 25, CCTC rose 3.04% in regular trading, trading at HK$108.1/share, with turnover of HK$43.11 million.

The electronic components sector staged a broad recovery, with KB Laminates surging 9.17%, Kingboard Holdings rising 7.9%, and VGT gaining 2.33%, providing positive sector linkage that lifted CCTC. The stock also continued its oversold recovery following a sharp 9.69% single-day decline on August 19 triggered by Temasek Holdings reducing its position by 391,300 shares at approximately HK$132.43 per share, lowering its stake from 7.37% to 6.88%.

Additionally, the company is scheduled to report mid-term results on August 27. Consensus estimates project quarterly revenue of RMB 3.023 billion, representing 30.53% year-over-year growth, with EPS expected at RMB 0.50, up 35.68% YoY. The company previously issued a profit alert forecasting H1 net profit of RMB 1.794-2.041 billion, a 45%-65% increase, driven by strong MLCC sales volume and price recovery amid AI-fueled demand.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10