Movement Alert|DELTON Falls 3.2% in Regular Trading, PCB Sector Extends Correction Amid Institutional Selling Overhang

Market Focus09-02 09:43

On September 2, DELTON fell 3.2% in regular trading, trading at 120.3 HKD/share, with turnover of approximately 11.72 million HKD.

On the news front, Hong Kong-listed PCB concept stocks continued their corrective trend. In the prior session, DELTON had already dropped over 7%, while peers including Han's Laser Smart Equipment fell 6.84%, KB Laminates fell 4.83%, and Shenghong Technology fell 4.45%, with broad-based sector weakness dragging on individual names.

Adding to near-term sentiment pressure, China AMC subsidiary Wells Fargo Fund (Fuguo Fund) conducted two consecutive rounds of selling on August 18 and August 21, reducing its stake by a cumulative approximately 473,600 shares. Its long position ratio declined from 7.17% to 5.85%, with the August 21 tranche executed at an average price of approximately 125.07 HKD per share for a total consideration of around 41.51 million HKD. The institutional reduction continues to weigh on short-term market confidence. Notably, Morgan Stanley moved in the opposite direction, adding approximately 46,000 shares on August 18 at an average price of 139.92 HKD, lifting its stake to 5.07%.

(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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