On July 3, Minth Group rose 7.6% in regular trading, reaching HK$28.64 per share with turnover of approximately HK$62.95 million, extending gains from the previous session.
On the news front, CITIC Securities recently published a research report indicating that the liquid cooling industry is transitioning from thematic expectations to an order and earnings fulfillment stage, listing Minth Group as a recommended target. Bocom International initiated coverage with a Buy rating and a HK$63.93 price target, while UBS raised its target price to HK$48, citing improving momentum in the company's robotics and liquid cooling businesses. Management previously disclosed that manifolds and liquid cooling cabinets began shipping in late last year, with liquid cooling plates and coolant distribution units scheduled for delivery in the second half of this year.
The broader liquid cooling sector also strengthened significantly, with Johnson Electric up 10.57% and Sanhua Intelligent Controls up 8.30%, reflecting market enthusiasm for auto parts companies leveraging technology synergies to enter the AIDC liquid cooling domain.
(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.)
Comments