On July 6, Guanghe Technology (01989.HK) fell 3.89% in regular trading, trading at HKD 158.9/share, with turnover of HKD 33.23 million.

On the news front, the aftershock from Samsung Electronics and SK Hynix demanding PCB substrate price cuts for the second half continues to pressure the sector. The two semiconductor giants are negotiating with upstream substrate suppliers to reverse the 3%-4% average price increases accepted at the beginning of the year, as gold and copper prices have stabilized. The news triggered a sector-wide selloff on July 2, when Guanghe Technology plunged over 21% in a single session.

The Electronic Components sector remains broadly weak, with peers KB Laminates down 6.1%, VGT down 5.32%, and Sunny Optical down 3.41%. Industry participants warn that substrate manufacturers face a dual squeeze from elevated raw material costs and downward pricing pressure, potentially constraining capital expenditure and next-generation R&D investment. Additionally, profit-taking pressure persists following the stock's prior rally driven by its convertible bond expansion plan and AI computing PCB tailwinds.

(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.)