Movement Alert｜CCTC Intraday Rise 4.19% in Regular Trading, Operating Update and Positive Earnings Expectations Lift Sentiment

Market Focus10-27

On October 27, CCTC rose 4.19% in regular trading, trading at HK$78.4, with turnover of HK$11.6674 million.

The move coincided with the company stating that production and operations remain normal and orderly, with orders full and continuing, while order delivery and capacity expansion are progressing in line with business needs. That update helped ease recent concerns over fundamentals.

Additional support came from expectations ahead of the October 28 earnings release. Consensus forecasts point to quarterly revenue of about RMB3.394 billion, up 46.72% year over year, EBIT of about RMB1.136 billion, up 67.51%, and adjusted EPS of about RMB0.58, up 57.10%. The stock had recently faced pressure from a rating downgrade and heavy fund outflows, making the operating reassurance more relevant to the rebound in sentiment.

(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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