Movement Alert|VGT Rises 4.79% in Regular Trading, Fiberglass Cloth Price Surge Catalyzes Continued PCB Sector Strength

Market Focus
Aug 06

On August 6, VGT rose 4.79% in regular trading, trading at HKD 233.4/share, with turnover of HKD 515 million.

On the news front, a Citi research report indicated that the average selling price of 1080-series electronic-grade fiberglass cloth rose 17%-18% month-over-month in August, marking the largest monthly increase year-to-date, with cumulative gains reaching 118%-165% for the year. Citi expects major CCL producers to initiate a new round of price hikes, with an anticipated 10%-15% increase in August. The fiberglass cloth price surge catalyzed a broad PCB sector rally, with VGT's A-shares surging 17.12% in the prior session, and the Hong Kong-listed shares extending upward momentum.

Additionally, the company recently confirmed on its investor relations platform that certain high-end PCB products have entered mass production, with robust order backlog and healthy capacity utilization. Huizhou Factory No. 4 is in a steady ramp-up phase, supporting orderly capacity expansion.

(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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