On August 10, VGT declined 3.28% in regular trading, trading at HKD 248.0 per share, with turnover of HKD 1.053 billion. The decline came as the broader PCB sector faced collective selling pressure, with peers KB Laminates falling 11.0% and Kingboard Holdings dropping 7.68%.

The pullback follows a sharp rally in the prior week, during which VGT surged approximately 50% from around HKD 190 to HKD 280, triggering an abnormal trading volatility alert on August 7 after accumulating over 30% gains in three consecutive sessions. The company confirmed normal operations, growing order backlog, and smooth progress on R&D collaboration with core clients, with some customers having released long-term demand through 2028.

Brokerages have flagged concerns over potential price wars as PCB industry capacity faces concentrated release in the medium term, while the interim earnings window has prompted funds to lock in gains. Dragon-and-Tiger data showed northbound capital net sold HKD 261 million over three days through August 7, signaling short-term adjustment pressure persists.

(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.)