On October 28, CCTC recorded an Intraday Rise of 3.15% in Regular Trading, with the stock trading at HK$82.65 and turnover of HK$4.16 million.
The move coincided with improving market expectations for the company’s quarterly results and recent management commentary that production and operations remain orderly, with orders described as full and continuing.
Consensus forecasts cited by market reports point to quarterly revenue of about RMB3.394 billion, up 46.72% year on year, EBIT of about RMB1.136 billion, up 67.51%, and adjusted EPS of about RMB0.58, up 57.10%. Management also said order delivery and capacity expansion are progressing in line with business needs, which helped ease concerns over fundamentals and supported 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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