On July 2, Minth Group rose 5.53% in regular trading, trading at HK$27.84/share, with turnover of HK$33.19 million.

On the news front, CITIC Securities published a research report on the same day stating that the liquid cooling industry is transitioning from thematic expectations into an order and earnings realization stage. The broker recommended investors focus on three investment themes — contract manufacturing earnings elasticity, proprietary brand certification breakthroughs, and new product category expansion — listing Minth Group as a recommended target. Management previously disclosed that manifold tubes and liquid cooling cabinets began shipping in late last year, with liquid cooling plates and coolant distribution units scheduled for delivery in the second half of this year.

Additionally, Bank of Communications International recently initiated coverage on Minth Group with a Buy rating and a target price of HK$63.93. The broader liquid cooling sector also rallied, with Midea Group and Sanhua Intelligent Controls posting gains.

(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.)