Movement Alert|CCTC Rises 3.94% in Regular Trading, Interim Results Due Today as Electronic Components Sector Strengthens

Market Focus
Yesterday

On August 27, CCTC rose 3.94% in regular trading, trading at 110.8 HKD/share, with turnover of approximately 19.57 million HKD.

On the news front, the company's board of directors is scheduled to convene today to review and approve interim results for the six months ended June 30. Consensus estimates project Q2 revenue of 3.023 billion yuan, representing a 30.53% year-over-year increase. The company had previously issued a profit alert forecasting H1 net profit of 1.794 billion to 2.041 billion yuan, a 45%-65% year-over-year increase, driven by strong MLCC product demand and price recovery in select specifications.

Additionally, the electronic components sector rallied broadly today, with KB Laminates up 7.8%, Kingboard Holdings up 6.8%, and Shenghong Technology up 4.9%, creating positive sector-wide momentum that supported the stock's performance.

(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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