Stock Track | CCTC Plummets 5.05% Intraday Amid Tech Sector Pullback and MLCC Price Concerns

Stock Track

07/13

CCTC's stock plummeted 5.05% during intraday trading on Monday, reflecting broad market pressures on technology and electronic components stocks.

The decline comes as the A-share technology sector experiences a sustained deep correction, with previously hot sectors like AI, semiconductor, and optical communication facing collective pressure. Persistent northbound capital outflows have intensified valuation compression for high-growth stocks like CCTC.

Additionally, market concerns about softening mid-to-low capacity MLCC prices have weighed on sentiment, though high-capacity MLCC prices remain firm. The broader Electronic Components sector is also under pressure, with peers showing significant declines.

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