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.)