On August 7, SICC rose 5.58% in regular trading, trading at HK$71.6/share, with turnover of HK$261 million, extending its consecutive rally in recent sessions.

On the news front, JPMorgan increased its holding in SICC by 274,600 shares on July 31 at an average price of HK$57.71, involving approximately HK$15.85 million. Following the purchase, JPMorgan's stake rose from 6.81% to 7.31%, with total holdings reaching approximately 4.016 million shares. Additionally, the company's board announced it will convene on August 19 to review unaudited consolidated interim results for the six months ended June 30 and discuss whether to recommend an interim dividend.

The stock has been supported by multiple catalysts in recent weeks, including a buy initiation from Dongwu Securities International noting that Q1 marked an operational inflection point, with 8-inch SiC substrate revenue contribution rising to approximately 45% and gross margin recovering to nearly 20%. The company has also raised prices for certain customers on incremental and expedited orders in Q2, as industry supply-demand dynamics continue to tighten.

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