On July 10, Delton Technology (01989.HK) rose 3.29% in regular trading, trading at 150.2 HKD/share, with turnover of approximately HKD 12.77 million. The stock continues its recovery trajectory following the release of a strong H1 earnings forecast.

The company announced on July 7 that it expects H1 net profit attributable to shareholders of RMB 9.1–9.6 billion, representing year-over-year growth of 85.12%–95.29%. Non-recurring adjusted net profit is projected at RMB 8.9–9.4 billion, up 86.37%–96.84%. The robust earnings were driven by surging demand for AI computing hardware, product mix optimization, and the ramp-up of the Thailand factory as a second growth engine. The strong results have effectively eased market concerns over profitability that arose from earlier reports of Samsung and SK Hynix demanding substrate price cuts from upstream PCB suppliers.

Additionally, Fuguo Fund increased its holding by 80,100 shares on July 6 at approximately HKD 153.1 per share, raising its stake to 6.01%, providing further support to market sentiment.

(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.)