Movement Alert|CCTC Rises 3.05% in Regular Trading, High-End MLCC Price Hikes of 30%-80% Boost Market Confidence

Market Focus
2 hours ago

On October 2, CCTC rose 3.05% in regular trading, trading at HK$128.2/share, with turnover of HK$311,600. The stock had been under pressure from Huafeng International's clearance-style disposal of its entire H-share holdings but has recently rebounded.

On the news front, CCTC has notified its distributors that prices for high-end MLCC products will increase by 30% to 80% effective October 1. The aggressive repricing move comes amid a tightening MLCC supply-demand landscape, with industry research firm TrendForce projecting the supply-demand gap to widen further in Q4, sustaining upward price momentum. The pricing action follows similar moves by Samsung Electro-Mechanics, which raised Q4 quotes for OEM/ODM clients and secured over 4 trillion Korean won in cumulative AI server MLCC long-term agreements.

CCTC reported robust H1 results, with revenue reaching RMB 6.423 billion, up 54.82% year-over-year, and net profit attributable to shareholders of RMB 1.932 billion, up 56.18%. MLCC sales volume and revenue both posted substantial growth, driven by rising customer adoption and industry upswing. The company's high-capacity MLCC expansion project continues to advance, with investment progress reaching 49.91%.

(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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