Stock Track | VGT Soars 5.33% Intraday as Fiberglass Cloth Price Surge Fuels PCB Sector Rally

Stock Track

Aug 06

Shares of VGT soared 5.33% in intraday trading on Thursday, extending a powerful rally in the printed circuit board (PCB) sector.

The surge was driven by a broad sector advance after a Citi research report indicated that the average selling price of 1080-series electronic-grade fiberglass cloth rose 17%-18% month-over-month in August, marking the largest monthly increase this year. Citi expects major copper-clad laminate (CCL) producers to initiate a new round of price hikes, with an anticipated 10%-15% increase in August. The fiberglass cloth price surge catalyzed strong buying across PCB stocks, with VGT's A-shares having surged 17.12% in the prior session, and the Hong Kong-listed shares continuing the upward momentum.

Additionally, VGT recently confirmed that certain high-end PCB products have entered mass production, with robust order backlog and healthy capacity utilization, supporting orderly capacity expansion at its Huizhou Factory No. 4.

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Citi expects major copper-clad laminate (CCL) producers to initiate a new round of price hikes, with an anticipated 10%-15% increase in August. The fiberglass cloth price surge catalyzed strong buying across PCB stocks, with VGT's A-shares having surged 17.12% in the prior session, and the Hong Kong-listed shares continuing the upward momentum.</p><p>Additionally, VGT recently confirmed that certain high-end PCB products have entered mass production, with robust order backlog and healthy capacity utilization, supporting orderly capacity expansion at its Huizhou Factory No. 4.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02476","symbol_name":"胜宏科技","start_time":0,"source_url":"","article_id":"1158939048","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1158939048","pubTimestamp":1785980834,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of VGT soared 5.33% in intraday trading on Thursday, extending a powerful rally in the printed circuit board (PCB) sector.The surge was driven by a broad sector advance after a Citi research...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02476":"胜宏科技"},"translate_title":"股票跟踪|VGT盘中飙升5.33%，玻璃纤维布价格飙升推动PCB板块反弹","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02476":1},"content_text":"Shares of VGT soared 5.33% in intraday trading on Thursday, extending a powerful rally in the printed circuit board (PCB) sector.The surge was driven by a broad sector advance after a Citi research report indicated that the average selling price of 1080-series electronic-grade fiberglass cloth rose 17%-18% month-over-month in August, marking the largest monthly increase this year. 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