Movement Alert|DELTON Falls 3.02% in Regular Trading, Multiple Institutions Reduce Holdings Amid PCB Sector Broad Weakness

Market Focus
Jul 24

On July 24, DELTON fell 3.02% in regular trading, trading at 113.1 HKD/share, with turnover of approximately 82.99 million HKD. Multiple institutional investors have recently reduced their positions in the stock consecutively, weighing on market confidence.

Exchange disclosure data shows that Wells Fargo Fund sold approximately 761,900 shares on July 20 at 135.271 HKD per share, totaling around 103 million HKD, reducing its stake to 5.05% from 6.71%. This followed an earlier reduction of 186,900 shares on July 16. Additionally, UBS Group AG reduced its holding by 56,900 shares on July 17, lowering its long position ratio to 10.99%. The consecutive institutional sell-offs have pressured market sentiment.

Meanwhile, the PCB sector experienced broad weakness, with sector peers KB Laminates down 8.4%, Kingboard Holdings down 8.56%, and VGT down 6.78%.

(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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