Movement Alert|CCTC Rises 3.27% in Regular Trading, Consecutive Large-Scale Buybacks and MLCC Sector Rally Boost Confidence

Market Focus
Jul 27

On July 27, CCTC rose 3.27% in regular trading, trading at 104.5 HKD/share, with turnover of 59.53 million HKD. The stock was supported by a combination of continuous aggressive A-share buybacks, a strong half-year profit alert, and a sector-wide MLCC rally driven by intensive AI server MLCC long-term agreement signings.

Since its board approved a 450-900 million yuan buyback plan on July 20, CCTC has repurchased over 560 million yuan worth of A-shares from July 21 to 24 alone, with individual daily buybacks reaching as high as 261 million yuan. The company previously issued a profit alert forecasting H1 net profit of 1.794-2.041 billion yuan, representing 45%-65% year-over-year growth. MLCC products benefited from improved customer recognition and industry recovery with partial price restoration, while optical communication products also grew driven by accelerating global data center construction. The broader MLCC sector rallied strongly on the same day, with Fenghua Advanced Technology hitting the daily limit.

(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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