On August 18, VGT fell 3.04% in regular trading, trading at 250.0 HKD/share, with turnover of HKD 197 million. The decline came amid a broad PCB sector pullback, with peers KB Laminates down 3.75% and Kingboard Holdings down 2.24%.

On the news front, VGT had previously triggered an abnormal trading alert after its cumulative closing price deviation reached 30% over three consecutive trading days in early August. Following the sharp rally from early August onward, main institutional capital has been persistently flowing out, with cumulative net outflows exceeding RMB 3.4 billion over the past week. Separately, the company announced its board will convene on August 27 to review interim results for the first half and consider a mid-year dividend.

While fundamentals remain supportive — with the company confirming a full order book, healthy capacity utilization, some high-end PCB products already in mass production, and clients releasing long-term demand through 2027-2028 — short-term profit-taking pressure combined with sector rotation effects have weighed on the share price.

(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.)