Movement Alert|DELTON Rises 16.26% in Regular Trading, PCB Sector Stages Strong Rebound Ahead of Interim Results Review

Market Focus07-31

On July 31, DELTON rose 16.26% in regular trading, trading at 103.9 HKD/share, with turnover of approximately HKD 116 million.

On the news front, Hong Kong-listed PCB concept stocks staged a collective sharp rebound. KB Laminates surged over 18%, VGT rose over 16%, and Shenghong Technology gained over 12%, with the sector experiencing broad-based recovery. The company previously announced that its board of directors will convene on August 7 to review and approve interim results for the six months ended June 30, raising market expectations for earnings delivery.

The stock had experienced consecutive sharp declines in recent sessions, with its A-share counterpart hitting limit-down on July 28 and July 30. Multiple institutions including Fullgoal Fund, Morgan Stanley, and UBS had reduced holdings in recent weeks, amplifying selling pressure. The current rebound appears driven by oversold conditions triggering concentrated capital inflows back into the sector, combined with anticipation of upcoming mid-term earnings. Earlier industry data indicated AI PCB supply chain order momentum remained strong, with upstream CCL makers executing multiple rounds of price increases.

(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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