Movement Alert|AAC TECH Rises 3.09% in Regular Trading, Upcoming Interim Results and Institutional Bullishness Drive Pre-Positioning

Market Focus08-18 09:37

On August 18, AAC TECH rose 3.09% in regular trading, trading at 44.72 HKD/share, with turnover of approximately 25.09 million HKD. The stock gained momentum as the company's interim results announcement on August 20 approaches, catalyzing early capital positioning.

On the news front, the company's board of directors is scheduled to convene on August 20 to approve unaudited interim results for the six months ended June 30 and consider an interim dividend. Institutional sentiment is overwhelmingly bullish, with Morningstar maintaining a fair value estimate of 55 HKD, citing gradual materialization of AI liquid cooling and smart glasses businesses. Citi is optimistic that iPhone 18 second-half production could reach 81 million units, with AAC TECH as a core Apple supplier positioned to benefit from the new product cycle. Additionally, the company repurchased 3.7 million shares during July at prices ranging from 37.67 to 42.24 HKD per share, all held as treasury shares, signaling management 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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