On July 24, BEFAR GROUP rose 7.26% in regular trading, trading at HK$4.01/share, with turnover of HK$221 million. The stock hit a fresh post-listing high as multiple positive catalysts converged.
On the news front, Binhua Group's electronic-grade 6N high-purity hydrogen fluoride gas project officially commenced production on July 19. 6N-grade high-purity hydrogen fluoride is an essential material for semiconductor processes at 28nm and below. Previously, approximately 80% of global market share was monopolized by overseas companies, making this production launch a critical breakthrough in domestic substitution.
Additionally, the company expects H1 net profit attributable to shareholders of RMB 344 million, representing a 208.25% year-over-year increase, driven by rising prices of key products including propylene oxide, allyl chloride, and propylene amid geopolitical supply disruptions. The first major shareholder, Heyi Investment, has cumulatively increased its stake by over RMB 140 million through open market purchases, further reinforcing market confidence.
(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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