On July 31, SICC rose 9.67% in regular trading, trading at 58.15 HKD/share, with turnover of approximately 36.86 million HKD. The rebound follows two consecutive days of decline totaling nearly 10%.

On the news front, Soochow Securities International Brokerage initiated coverage on SICC with a Buy rating on July 30, publishing a research report titled referencing the company's 8-inch SiC substrate driving earnings recovery. The report highlighted that SICC entered an operational inflection point in Q1, with 8-inch SiC substrate products rapidly scaling up and revenue contribution rising to approximately 45%, while gross margin recovered to nearly 20%. Furthermore, the company reportedly submitted price increase requests to certain customers in Q2, with further profitability improvement expected to materialize.

The stock had previously faced sustained pressure from A-share weakness and shareholder Liaoning Zhongde's reduction of approximately 4.02 million shares between late May and early July, bringing holdings from 6.83% to 6.00%, alongside 36 discounted block trades over the past three months. Over the last 90 days, three institutions have issued ratings on SICC, including two Buy ratings and one Overweight rating.

(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.)