On August 17, VGT rose 3.32% in regular trading, trading at 249.4 HKD/share, with turnover of 518 million HKD. The stock advanced alongside a broad-based rally in the PCB sector, driven by continued AI computing demand and material price hike expectations.

On the news front, a Citigroup research report noted that August sales prices for 1080-series electronic-grade glass fiber cloth rose 17% to 18% month-over-month, marking the largest monthly increase year-to-date, with cumulative gains reaching 118% to 165%. Citigroup expects major CCL producers to initiate a new round of price increases of approximately 10% to 15%. Strong AI demand is driving manufacturers to shift capacity from non-AI to AI fiber cloth products, further tightening supply.

Separately, CITIC Securities highlighted that PCB companies with high AI revenue exposure maintained strong earnings growth in H1, while CCL companies broadly exceeded expectations on pricing tailwinds. The brokerage sees accelerating growth momentum in H2 as new AI production capacity is released and downstream AI customers ramp up orders. Within the Electronic Components sector, KB Laminates rose 6.42%, Kingboard Holdings gained 6.29%, and Luxshare ICT advanced 5.13%.

(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.)