Stock Track | CCTC Soars 5.88% Intraday as IPO Oversubscribed Over 327 Times

Stock Track

07/09

CCTC's stock price soared 5.88% intraday on its trading debut, reflecting strong market interest.

The surge follows the company's initial public offering, which was oversubscribed by approximately 327.49 times for the Hong Kong public offering and 16.24 times for the international offering, raising net proceeds of around HK$7.05 billion. This high demand indicates robust investor confidence in the electronic ceramics leader.

CCTC focuses on electronic ceramics materials and components, with key products used in communications, AI, data centers, automotive electronics, and other high-growth sectors. The company is projected to hold top global market positions in several product categories by 2025.

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