Movement Alert｜CCTC Falls 4.03% in Regular Trading, MLCC Sector Correction and Shareholder Reduction Pressure Persist

Market Focus10-13

On October 13, CCTC fell 4.03% in regular trading, with the stock trading at 100.0 HKD and turnover reaching 9.5645 million HKD. The decline extends recent weakness as the stock consolidates gains driven by MLCC sector momentum amid ongoing high-level shareholder reduction pressure.

The company faces a double bind from shareholder and institutional selling alongside broad sector weakness. Waifung International announced intentions to liquidate its entire position in CCTC's H shares, while JPMorgan reduced its stake by 84,900 shares at approximately 141.18 HKD per share on September 21, cutting its holding to 9.99% of outstanding shares.

Within the Electronic Components sector, CCTC's peer group traded broadly lower: KB Laminates fell 4.62%, Kingboard Holdings declined 4.73%, Kinwong Electronic dropped 0.98%, VGT lost 1.83%, and Sunny Optical decreased 2.21%. Market sentiment remains cautious as the sector digests prior gains.

(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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