On September 21, DELTON rose 6.04% in regular trading, trading at 118.0 HKD/share, with turnover of 71.06 million HKD.
On the news front, 12 groups of cornerstone investors holding a combined 20.6745 million shares saw their six-month post-IPO lock-up period officially expire today. The stock had plunged 7.88% in the previous session to close at 107.6 HKD as markets front-ran the unlock with panic selling. With the overhang now materialized, a classic sell-the-rumor-buy-the-fact dynamic is driving today's sharp oversold rebound.
Providing additional confidence, UBS Group AG recently raised its long position from 11.20% to 13.44%, acquiring shares through security interest arrangements, signaling continued institutional conviction. On fundamentals, the company's Huangshi facility is being upgraded into a major domestic AI server PCB production base, with PCIe 6.0 server PCBs expected to ship in small batches this year and scale up next year. Within the Electronic Components sector, CCTC rose 6.61%, VGT rose 4.01%, and KB LAMINATES rose 2.89%, with the PCB segment broadly stabilizing.
(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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