Movement Alert|DELTON Rises 3.63% in Regular Trading, Electronic Components Sector Extends Rebound as Fund Selling Pressure Eases

Market Focus
10小时前

On August 31, DELTON rose 3.63% in regular trading, trading at 132.0 HKD/share, with turnover of approximately 48.44 million HKD.

On the news front, the electronic components sector continued its recent rebound, providing a tailwind for the stock. Within the sector, KB Laminates gained 3.63%, Kingboard Holdings rose 1.14%, and Sunny Optical climbed 4.53%. Meanwhile, prior selling pressure from Fullgoal Fund has largely dissipated following two consecutive rounds of reductions on August 18 and 21, totaling approximately 473,600 shares, which brought its long position down to 5.85%. Notably, Morgan Stanley increased its stake to 5.07% on August 18, signaling renewed institutional interest.

On the fundamental side, DELTON reported strong first-half results with revenue of 4.388 billion yuan, up 80.98% year-over-year, and net profit of 956 million yuan, up 94.39%. AI computing PCB revenue accounted for 83.6% of total sales, underscoring robust demand. Goldman Sachs recently raised its global AI PCB market forecast for the year by 35% to 13.56 billion USD, providing additional sector-level support.

(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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