Movement Alert|DELTON Rises 3.31% in Regular Trading, Mid-Year Earnings Surge and PCB Sector Recovery Provide Support

Market Focus
Aug 20

On August 20, DELTON rose 3.31% in regular trading, trading at 126.3 HKD/share, with turnover of approximately 27.51 million HKD. The stock rebounded after two consecutive days of sharp pullback.

On the news front, the electronic components sector broadly recovered, with LUXSHARE ICT up 3.31%, VGT up 3.74%, and KB LAMINATES up 1.77%. The company recently reported strong H1 results with revenue of 4.388 billion yuan, up 80.98% year-over-year, and net profit attributable to shareholders of 956 million yuan, up 94.39%. AI computing PCB revenue accounted for 83.6% of total revenue, surging 104.4% year-over-year. Goldman Sachs recently raised its global AI PCB market forecast by 35% to 13.56 billion USD, projecting the market to exceed 37.5 billion USD by next year. Institutional support remains strong, with Fullgoal Fund increasing its stake to 6.14% and Morgan Stanley raising its position to 5.3%.

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