On August 12, VGT rose 3.22% in regular trading, trading at 250.2 HKD/share, with turnover of approximately HKD 297 million.

On the news front, the PCB sector stabilized and rebounded after two consecutive days of correction. Industry peers KB Laminates gained 6.29% and Kingboard Holdings rose 3.39%, with the sector showing broad recovery. The stock had previously surged from approximately HKD 190 to HKD 280 within one week before consecutive pullbacks, and short-term profit-taking pressure has now largely been released.

On fundamentals, the company previously disclosed that orders in hand continue to grow, with R&D iteration products co-developed with core customers progressing smoothly. Some customers have already released long-term demand for 2027-2028. Additionally, Citi expects major CCL manufacturers to initiate a new round of price increases, with AI demand driving glass fiber cloth prices up 118%-165% year-to-date, further tightening industry supply and reinforcing the medium-term sector upcycle thesis.

(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.)