On June 3, Tianyu Advanced rose 5.23% in regular trading, trading at 103.1 HKD/share, with trading volume of 83.82 million HKD.

On the news front, Huayuan Securities recently initiated coverage on the company with a Buy rating, noting that the company's gross margin improved quarter-over-quarter to 19.12% in Q1, up 25.01 percentage points from Q4 of the previous year, signaling meaningful profitability recovery. The brokerage highlighted that 8-inch SiC substrates are poised for rapid volume growth, with the company commanding a dominant 51.3% global market share in this segment.

The stock had previously pulled back significantly from its May 27 high due to broader semiconductor sector weakness, shareholder reductions, and profit-taking. The current rebound likely reflects the market repricing of the inaugural brokerage coverage and the long-term demand thesis for SiC in AI data center power applications, where 800V high-voltage DC architecture is driving structural demand growth.

(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.)