On June 30, CRRC Times Electric (03898.HK) rose 3.92% in regular trading, trading at HK$38.34/share, with turnover of HK$28.42 million. The stock had previously pulled back over 8% from its June 22 high of HK$41.12, and today's move extends a rebound trend.
On the news front, nearly 20 global analog and power semiconductor companies have announced a new round of price increases effective July 1. AI server and data center dedicated power management chips are seeing hikes of 15% to 25%, while industrial automation and energy storage segments face increases of 10% to 15%. Additionally, CCTV recently reported on the sector's second full-scale repricing this year, with delivery lead times stretching to 30-50 weeks for some high-voltage components. The company, as a leading high-voltage IGBT manufacturer under CRRC Group, covers rail transit, ultra-high-voltage transmission, and new energy vehicle applications. Its IGBT and SiC products have secured batch orders in HVDC applications, with a SiC production line currently ramping capacity.
(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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