Movement Alert｜CCTC Falls 3.31% in Regular Trading, MLCC High-Level Correction Combined with Persistent Selling Pressure

Market Focus10-12

On October 12, CCTC fell 3.31% in regular trading, trading at 112.6 HKD/share, with turnover of 288.43 million HKD.

The stock had previously rallied significantly on MLCC industry prosperity and now faces dual pressure from shareholder and institutional selling at high levels, as well as overall weakness in the electronic components sector.

Earlier, Huafeng International announced plans to liquidate its entire H-share stake in CCTC, while JPMorgan reduced its holdings by 84,900 shares on September 21 at approximately 141.18 HKD per share. On the industry level, the electronic components sector has generally weakened recently, with market sentiment turning cautious and accumulated profit-taking creating a backdrop for the correction.

(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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