On July 8, Tianli Holdings Group fell 8.26% in regular trading, trading at HKD 4.11/share, with turnover of HKD 18.22 million.

The decline came amid continued weakness in the electronic components sector, with Kingboard Holdings down 5.08%, Lens Technology down 5.06%, and VGT down 3.11%. The stock had previously surged nearly 20x from early May to early June, driven by what the industry termed the longest MLCC shortage cycle in history, pushing its market cap close to HKD 6 billion. Since mid-June, the stock has been in sustained correction with consecutive net outflows from major funds, reflecting significant short-term selling pressure.

Tianli Holdings operates its MLCC business through subsidiary Uyang Technology, which ranks as the largest domestic and top-seven global MLCC manufacturer by capacity, with AI MLCC products already integrated into mainstream server supply chains.

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