Movement Alert|Han's CNC Rises 3.37% in Regular Trading, PCB Industry Expansion Wave and AI Computing Demand Fuel Rebound

Market Focus
06/15

On June 15, Han's CNC rose 3.37% in regular trading, trading at HK$161.3/share, with turnover of HK$64.03 million.

On the news front, the PCB industry expansion wave continues to intensify. As of June 11, 13 PCB manufacturers have announced capacity expansion plans with total investment exceeding RMB 60 billion. Meanwhile, the Middle East conflict has disrupted approximately 70% of global PPE resin supply after Saudi Arabia's Jubail Industrial Zone factories halted production, pushing April PCB prices up by as much as 40% versus March. The price surge is reinforcing equipment procurement demand across the supply chain.

The company's Q1 results showed revenue growth of 103.69% year-over-year and net profit growth of 176.53%, continuously validating the high-prosperity thesis. Daiwa recently initiated coverage with a Buy rating and HK$207 target price, projecting net profit growth of 69% and 70% for fiscal 2026 and 2027 respectively, driven by CCD six-axis drill product mix shift and robust AI PCB demand.

(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.)

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