On June 30, Hans CNC (03200.HK) rose 3.23% in regular trading, trading at HKD 179.1/share, with turnover of HKD 93.34 million.
On the news front, the company announced on June 26 that it won a solder mask LDI machine procurement project from Guangdong Yidun Electronics, with a contract value of RMB 9.46 million, validating continued downstream equipment demand. Additionally, Citibank raised the company's H-share target price to HKD 252, while Daiwa initiated coverage with a \"Buy\" rating and a target price of HKD 207, projecting net profit growth of 69% and 70% for fiscal years ending in the current and next year respectively.
The broader PCB sector continued to strengthen as AI computing demand drives a new wave of capacity expansion. The company, as the world's largest PCB specialized equipment supplier with 6.5% global market share, continues to benefit from the industry upcycle. The stock had declined approximately 8% in a prior session, and the current movement represents a continuation of technical recovery supported by order visibility and institutional consensus.
(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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