CCTC Shares Rebound Over 5% Ahead of Q3 Results; Institutions Bullish on MLCC and SOFC Dual Growth

Stock News10-27

According to Zhitong Finance APP, CCTC (06951) rebounded more than 5%, rising 4.72% to HK$79.9 as of press time, with a turnover of HK$103 million.

On the news front, CCTC plans to hold a board meeting on October 28 (this Wednesday) to consider and approve the company and its subsidiaries' third-quarter results for the nine months ended September 30, 2026, and their publication.

Galaxy Securities recently pointed out that it expects the company's net profit attributable to shareholders for 2026-2028 to be 5.573 billion, 8.335 billion, and 10.157 billion yuan, respectively.

The reasons for the high growth forecast are: AI servers' MLCC usage has increased more than 10 times, and the company is expected to benefit; new energy pure electric vehicles use 6 times more MLCC than gasoline vehicles, combined with intelligent driving upgrades, the company is expected to benefit; AI's high energy consumption expansion drives high growth in SOFC diaphragm demand.

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