On August 19, CCTC fell 4.88% in regular trading, trading at 119.0 HKD/share, with turnover of 15.64 million HKD.
The decline follows a period of significant accumulated gains after the stock hit an all-time high of 133.2 HKD on August 13, driven by the company's official MLCC price hike announcement of 30% and a H1 net profit growth forecast of 45%-65%. Capital flow data indicates sustained profit-taking pressure, with A-share main capital recording a net outflow of 561 million yuan on August 17, while the broader MLCC sector saw main capital net outflows exceeding 2.4 billion yuan on August 18. The electronic components sector is broadly under pressure, with KB Laminates down 4.13%, VGT down 4.14%, and Kingboard Holdings down 3.73%.
The company's board of directors is scheduled to convene on August 27 to review and approve interim results for the first half of the year.
(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.)