On August 5, SICC rose 5.21% in regular trading, trading at HK$60.6/share, with turnover of approximately HK$25.35 million, extending gains from the prior session.

On the news front, the company announced on August 4 that its board will convene on August 19 to review unaudited consolidated interim results for the six months ended June 30 and discuss a potential interim dividend. Meanwhile, Soochow Securities International initiated coverage with a Buy rating, noting the company entered an operating inflection point in Q1, with 8-inch SiC substrate revenue contribution rising to approximately 45%, gross margin recovering to nearly 20%, and price increase requests submitted to select customers in Q2.

Additionally, global SiC leaders Infineon and STMicroelectronics recently signaled improving SiC business conditions, with Infineon indicating SiC has entered system-level application stages and STMicroelectronics projecting double-digit SiC revenue growth, further supporting market sentiment toward the sector.

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