Movement Alert|VGT Rises 3.1% in Regular Trading, High-End PCB Mass Production Confirmed Amid Sector Oversold Rebound

Market Focus08-04 09:31

On August 4, VGT rose 3.1% in regular trading, trading at HK$188.5/share, with turnover of HK$11.17 million.

On the news front, the company recently confirmed on its investor relations platform that certain high-end PCB products have entered the mass production stage, with full order books and healthy capacity utilization levels. Huizhou Factory 4 is in a steady ramp-up phase with orderly capacity expansion. The company emphasized close collaboration with core clients on R&D iteration products, which are progressing smoothly.

The stock had previously retreated more than 40% from its July highs. The broader PCB sector has been experiencing an oversold recovery, with peers KB Laminates rising 2.67% and Kingboard Holdings gaining 1.89%, extending the sector rebound. JPMorgan previously reiterated its Overweight rating on VGT with a target price of HK$500, noting that the market had overreacted to short-term headwinds and that high-quality capacity expansion remains key to determining market share over the next two to three years.

(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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