Movement Alert｜Shenghong Technology Rises 3.33% in Regular Trading, Copper Clad Laminate Price Hike Wave Continues as NVIDIA Denies Kyber Delay Boosting PCB Sector Rebound

Market Focus07-10

On July 10, Shenghong Technology rose 3.33% in regular trading, trading at 272.2 HKD/share, with turnover of HKD 435 million.

On the news front, the PCB industry chain price hike wave continues to spread. Leading copper clad laminate maker KB Laminates has issued its sixth price increase letter this year, demonstrating strong cost pass-through capability, with upstream electronic cloth also raising prices in tandem. Meanwhile, NVIDIA has officially denied the SemiAnalysis report claiming its Kyber NVL144 rack was delayed over 12 months, stating its product roadmap remains unchanged, which has gradually eased market panic sentiment.

Within the Electronic Components sector, peer stocks showed strong momentum, with KB Laminates surging 9.6% and Kingboard Holdings rising 7.1%. The PCB sector overall is extending its oversold rebound following the sharp correction triggered by reports that Samsung and SK Hynix were demanding substrate price cuts from suppliers earlier this month.

(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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