On August 3, VGT rose 3.74% in regular trading, trading at HK$189.7/share, with turnover of HK$314 million.
On the news front, the company recently confirmed on its investor interaction platform that some high-end PCB products have entered mass production, with R&D iterative products co-developed with core clients progressing smoothly. The company stated that orders on hand remain full and capacity utilization is at healthy levels. Additionally, its Huizhou Factory 4 is in a steady ramp-up phase with capacity expanding in an orderly manner.
The stock had previously retreated over 40% from its July highs. The broader PCB sector has been experiencing an oversold recovery, with peers KB Laminates rising 1.84% and Kingboard Holdings up 4.80% in the same session. JPMorgan previously reiterated its Overweight rating on VGT with a target price of HK$500, citing the company's high-quality capacity expansion as key to its market share trajectory over the next two to three years.
(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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