Movement Alert|DELTON Falls 3.2% in Regular Trading, PCB Sector Extends Correction Amid Institutional Selling Overhang

Market Focus
09/02

On September 2, DELTON fell 3.2% in regular trading, trading at 120.3 HKD/share, with turnover of approximately 11.72 million HKD.

On the news front, Hong Kong-listed PCB concept stocks continued their corrective trend. In the prior session, DELTON had already dropped over 7%, while peers including Han's Laser Smart Equipment fell 6.84%, KB Laminates fell 4.83%, and Shenghong Technology fell 4.45%, with broad-based sector weakness dragging on individual names.

Adding to near-term sentiment pressure, China AMC subsidiary Wells Fargo Fund (Fuguo Fund) conducted two consecutive rounds of selling on August 18 and August 21, reducing its stake by a cumulative approximately 473,600 shares. Its long position ratio declined from 7.17% to 5.85%, with the August 21 tranche executed at an average price of approximately 125.07 HKD per share for a total consideration of around 41.51 million HKD. The institutional reduction continues to weigh on short-term market confidence. Notably, Morgan Stanley moved in the opposite direction, adding approximately 46,000 shares on August 18 at an average price of 139.92 HKD, lifting its stake to 5.07%.

(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.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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