On July 3, CRRC Times Electric rose 3.15% in regular trading, trading at HK$37.94/share, with turnover of approximately HK$45.85 million. The stock staged a technical rebound following the previous session's 5.59% drop triggered by profit-taking.
On the news front, during the Electronica China exhibition on July 1, multiple power semiconductor manufacturers indicated the current price hike cycle would likely persist for at least two years, with some firms already internally discussing a second round of price increase notices. According to exhibitor feedback, power semiconductor prices have generally risen 20% to 50% year-to-date, driven by demand growth and upstream raw material cost increases.
As a leading high-voltage IGBT manufacturer under the CRRC group, CRRC Times Electric covers rail transit, ultra-high voltage, and new energy vehicle segments. The company's Zhuzhou Phase III SiC production line began commissioning in late last year and is currently ramping capacity, while its vehicle-grade SiC products have achieved small-batch deliveries.
(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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